Agriculture committee  I think the most illustrative example of the war in Ukraine specifically with regard to the fertilizers—and I've already talked about the impact on grains and oilseeds—is in potash fertilizers. If you look at the market for potash globally, it's about 70 million tonnes. Russia an

Agriculture committee  As I mentioned in my earlier comments, we do view fertilizer and agriculture markets as extremely efficient. We're proponents of a market that doesn't involve undue regulation that would cause distortion in what we view as otherwise very efficient markets. In the case of fertil

Agriculture committee  That's correct. Above all else, for growers to adopt these practices at scale, there will need to be an economic incentive. To achieve some of the outcomes I've talked about, there is an investment required, and there is a cost. In our carbon program, we've not waited for the m

Agriculture committee  We do believe that an economic incentive that compensates growers for the performance in the field, whether that's to sequester carbon or to reduce greenhouse gas emissions in the form of a carbon asset or a carbon credit, is an appropriate and needed incentive to scale up those

Agriculture committee  I repeat the comment that I made in my prepared remarks that today, by some estimates, fertilizer accounts for 50% of global crop yield, so at the levels of reduction you're talking about, we would expect that if that were sustained on a permanent basis we would see significant i

Agriculture committee  First, in the spirit of today's conversation, we see Canada in an extremely advantageous position, and I think Nutrien is a great example of that. Canada has an ability, with the right regulatory framework and attraction of investment, to increase fertilizer production. We're d

Agriculture committee  Thank you to the member for the question. In our carbon program that I referenced today with Nutrien, we're looking at two pathways to reduce emissions in the field. One is creating more removals, which is sequestering more carbon in soils through practices that I mentioned, li

Agriculture committee  I would tell the member the two things we are doing that I referenced in my prepared remarks. One, we are increasing the availability of fertilizer production globally for export to ensure that countries that need fertilizer most significantly are not left without that. Second, o

Agriculture committee  Thank you to the member. I would say that agriculture is a globally competitive and globally traded market. For fertilizers like nitrogen, which has been talked about, North America is a net import market. Therefore, supplies find their way where they're needed in the world base

Agriculture committee  Thank you, Mr. Barlow, for the question. As was mentioned by me and other panellists today, our view is that Canadian agricultural producers are already leading on the world stage in terms of production per unit of greenhouse gas emissions. Given the situation we're in globally,

Agriculture committee  Good afternoon. Thank you, Mr. Chair, for the introduction and for the invitation to appear today. My name is Mark Thompson, and I am Nutrien's executive vice-president and chief strategy and sustainability officer. I'm joining you today from Saskatoon. I'd like to honour our co