Thank you, Mr. Chair.
In the spirit of consensus, I also want to say that I am in support of this motion. This is an issue that's actually quite personal to me, as my vehicle was stolen. I did recover it, thanks to the tracking technology that many companies are putting into their vehicles. Unfortunately, much of this tracking technology is subscription-based. If you don't pay for your subscription, you won't have this very important capability for getting your vehicle back. I think that's a very important part of this that we need to discuss as well: the new technologies that can enable the retrieval of stolen vehicles.
This is a national issue, because it is not only providing an immense amount of capital for organized crime but also driving up insurance premiums for all Canadians. The cost of living crisis is very real right now, and the last thing that Canadians want to see when their mortgages are going up and when their grocery prices are going up is their insurance premiums going up so that they can use a tool that is very necessary to enable them to get to work to support their families. This is not only a public safety issue but also an essential cost of living issue. If we have the federal government come forward with a strong action plan to deter these vehicle thefts, then I think we'll see a corresponding benefit to all Canadians through lower insurance premiums and through an enhanced feeling of safety in our communities. Perhaps most importantly, it will do significant damage to the financial capabilities of organized crime.
I'll be very supportive of this. Thank you to my colleague for bringing it forward.