Agriculture committee  The success of that so-called integrated corporation or corporate structure is—Whether it's a company or a cooperative doesn't really matter; it's just a legal term. The principle is that somebody has to seek investment, and if you have investor confidence in what you're doing yourself, all the way from the producer— If you're just selling it as a producer and are trying to get your 10% or 15% margin there, then you turn it over to a processor who is trying to get the same amount, and then to a distributor, and then a retailer, right through the chain, ultimately, yes, you're probably sacrificing.

Agriculture committee  We've been rather fortunate over the last couple of years with government support, both provincially and federally under the BOPI. I think the risk that we see is twofold on this project. Ag Canada is centralizing all of its research to national institutions, so all of the expertise is essentially in western Canada.

Agriculture committee  Thank you, Mr. Chairman, and welcome to committee members. We too appreciate this opportunity to bend your ear on a few of the issues, as we see them, as a fledgling start-up company in the biofuel business. We certainly recognize that a strong agricultural policy framework is a very necessary and significant tool for guiding Canadian agriculture toward the next century.