Thank you very much. I appreciate that, Ms. Verwey.
I'm going to spend a bit of time with you, Dr. Bond, if that's okay.
I'm troubled by your testimony for a number of reasons, one of which is the specific examples you gave, which I have heard over and over again. We have needless regulation and needless expenses, and they have real consequences for Canadians. They are driving up the cost of everything.
Aside from the carbon tax, a big cause of inflation is the federal government and its excessive regulation and spending. You talked about some of the specific costs of approving drugs and otherwise for animals, but what's the impact on the end-user? Who gets hurt? Does that drive up the cost of food? Does that drive up the cost of pet ownership? Explain that to me.