Thank you, Mr. Chair.
Thank you, all, for being here today.
I wasn't surprised when you talked about someone taking a boat up into the bush, tying it to a tree and driving away, because I saw exactly that on a hunting chat group just a couple of weeks ago in the Okanagan. It's not uncommon. The smaller, recreational vessels have come to the point that they're not repairable within a reasonable cost, so this has become quite common. I used to be in the boat repair business, so I understand how they deteriorate to a certain point where it costs more to fix them than they're ever going to be worth.
However, I want to relate a case I had when I had a vehicle stolen, and the insurance on that vehicle was about to run out in a week's time. When I contacted the insurance company and said, “I guess I don't need to renew my insurance,” they told me, “No, you do need to renew that insurance, because you are the registered owner. It doesn't matter who is in control of that vehicle; you are the one who covers the liability.” I actually had to renew the insurance on a vehicle that I never saw again. That ownership attaches to the last registered owner and stays that way.
Can you explain why that isn't happening with vessels, both recreational and commercial? It appears that someone can just sell a vessel for cash and absolve themselves of any responsibility.