Thank you, Chair, for my three minutes.
Mr. Hoffort, I'm going to use the last three minutes I have to talk to you.
In the debate that we are having on climate change right now, we know the costs that are going to affect producers, whether it's forest fires, droughts or floods. Unfortunately, the debate that's raging in Ottawa right now is about the costs of meeting the challenge, but what we often don't talk about and I wished we talked about more are the long-term economic costs of not doing anything and what our producers will face as a result.
From Farm Credit Canada's perspective, when you look at the range of programs and services that you offer—I'm thinking of loan insurance and so on—have you done any kind of analysis of what this will mean in the long term for the products you offer to farmers, how the changing climate and conditions are going to be impacting the kinds of services that you offer to farmers? I know that's one of the variables that really do affect their mental health.