WGRF $$$: 1/Leave2/ Return 3/Build

[haveapulse]

Thank you, we will need all the help we can get, since, patient capital will stay with the WGRF.

[wade]

Just wondering, would a $5000 investment qualify as a TFSA?

I disagree with confiscating farmers freight refunds but agree about the value adding, local or not. A bioextractor located anywhere will affect the S&D table.

[haveapulse]

Thanks Wade, you see the big problem with value add projects is we all love the idea. Warm and cuddly feelings, great ideas, enthusiatic shareholders often end up failures; reason, most projects are undercapitalized for 5 to 10 year start up time. The patient capital required to offset the time is a trade off for a plant going broke.

Source of patient capital coming from government are often called grants or loans which are forgiveable. These are directed from goverment. Since we seem to agree we do not want government involved (I doubt Bombardier would have the same sentiment but...).

The fund would have given a pool of patient capital, and yes this would be farmers capital, yours and mine.

Wade if not farmers money then whose, whose responsibility is it to add value to our commodities?

I would love to believe that like the 10% tax credits to the movie industry which has been highly successful in creating Hollywood North, the Feds would kick in with programming to reward investors for patient capital, and yes this may come, but at this time
the current budget has made it clear that they are targeting Ontario for the King maker in the next election not Saskatchewan.

And not to beat the dead horse, but I believe it is our legacy to the future, to the young farmers who follow, and yes to our communities where our children may find jobs, and yes to the tax base of this province, our legacy should be to diversify the ag economy.

I guess that makes me different than those of you who disagree, because I
am willing to donate my capital on the hope of building some BRICKs & MORTAR to the future and many of you are not.

But as I say not to beat a dead horse,
that does not want to be taken to water, much less drink.

[agstar77]

Putting cart before the horse. Before you can economically use canola as a biofuel, find a way to grow it with minimal energy inputs. That should be our first focus. Soybeans are a better fit for a net energy benefit. 60 million might provide the push to reduce N use in cereals and oilseeds.

[wade]

The reason I brought up TFSA is that if you do have a "money making plan", you can target more than just farmers as investors.

[haveapulse]

AGSTAR 77, in the works are varieties that have a much higher oil content that are targeted at the bio fuel industry.

Best thing to stimulate research for an industry is to have an industry.

60 million of reseach will obviuosly go a long way to research, it could also go a long way to building an industry.

Indeed we are targeting urban investment, one of our recommendations to encourage investment and hopefully some "patient capital" was to make the investment funds RSP eligible and/or be granted tax credits for investment dollars. WADE TGSA are another possible source of investment dollars.

I note our requests were ignored in the massive budget spending, we noted to Minister Ritz that job creation was going to be important in the future.

Unfortunately for us our jobs were not in Ontario or Quebec.

[haveapulse]

Camelina as well, apparently this plant does have merit to become a cheap replacement to canola.

Could be our next Cinderella crop!

But then gosh darn, you have to have a live horse to pull that darn cart, and it also helps to have a cart, or at the very least plans to build one with round wheels.

[cottonpicken]

So your building a bio-fuel plant,and you never had any thoughts of this money going into your project?

You got some explaining to do havepulse.

[TOM4CWB]

Haveapulse;

There are hundreds of millions of GOC revenues going into R&D through 'Growing Forward' in agriculture. Matching money for industry development... Science Clusters @ 90/10... your comments are not accurate.

Perhaps if you spoke to Gordon Bacon @ Pulse Canada... you could get back on track!

[TOM4CWB]

Just google;
cereal science cluster growing forward

This is the html version of the file http://www.brassicagenomics.ca/presentations/AGCI2008/Science%20Cluster%20Canola%20CIM%202008.pdf.
Google automatically generates html versions of documents as we crawl the web.

Ist up... Canola.

http://74.125.95.132/search?q=cache:4cffz-d2VrEJ:www.brassicagenomics.ca/presentations/AGCI2008/Science%2520Cluster%2520Canola%2520CIM%25202008.pd f cereal science cluster growing forward&hl=en&ct=clnk&cd=1

Use a little imagination.

Minister Ritz and the GOC are doing MUCH more than you folks give them credit for.