Thank you, Mr. Chair.
Thank you for appearing before us today.
I understand that there are various types of accidents. Some can be intentional and some can be purely accidental. I think you'd have agreement that the general public would like to see the damages or injury paid for entirely, without regard to one or the other, something close to strict liability perhaps.
I also gather from hearing your statements that, in the case of Lac-Mégantic, something obviously went perhaps terribly wrong in terms of determining the certificate of fitness amount, or perhaps those are only meant for day-to-day operations and you can't really face the issue of a catastrophic event.
Am I correct in those observations, and are we really at the place of saying we can deal with day-to-day operations but catastrophic events are not something we can actually adequately plan for in terms of insurance?