Thank you and good morning, colleagues.
Good morning, witnesses. Thank you for being with us.
I'd like to start with two brief questions for Mr. DeMarco.
Thank you for being here, Commissioner. Just in the interest of time, could you keep your answers brief? A yes or no is fine unless you have more information that you'd like to add.
Given the scale of the federal government's assets—roughly in the neighbourhood of 100 billion dollars' worth of public assets—and the increasing severity and frequency of climate-related extreme weather events and other kinds of impacts, would you agree that investing in climate adaptation and climate-resilient infrastructure is a necessity for the federal government to be a responsible steward of those public assets?