Thank you, Mr. Chair.
I would like to respond to what Mr. O’Connor said.
There is a cause and effect reaction between climate change and the impact of the warming of our planet. The ice melts and the water level goes up. Our environment will be more humid and more hurricanes will form. There is no denying it, it is all related.
Countries that have had tsunamis cannot afford not to base their future spending estimates on tsunamis that may potentially occur in 20, 30 or 50 years. In our own estimates, we cannot overlook the possibility that what happened in Alberta last year can happen again. That was last summer, I think. We can make forecasts, because, once temperatures vary, there will be climate changes and disasters will occur. We know that the water level will go up. We will then make regulations so that people do not live along shorelines where the water level may well increase, and so on. It is all related.
I think undertaking such a study is appropriate. It is appropriate for all government institutions to carry out a study that will enable us to manage public finances more effectively in the event of disasters and to ensure that we are not taken by surprise when disaster strikes. We will be able to plan for it.
Thank you.