All right.
Thank you very much, Mr. Chair. I'll get right into it.
Thanks, folks.
Over the past two years New Brunswick's Saint John River has seen two hundred-year floods. We heard Mr. Stewart speak to this. Human activity is causing Canada to warm at twice the global average, and this is a very expensive problem for New Brunswick. Last year's flooding alone cost the Province of New Brunswick more than $74 million, and the federal government has spent more in the past six years than it did in the previous 40.
There's a huge cost to inaction, Mr. Stewart, and New Brunswick is suffering from that.
How is climate change affecting and changing the insurance industry?
Do you feel that Canadians are generally aware of the costs that are covered in the event of a natural disaster?