Mr. Speaker, I rise today to talk about an issue that is being discussed in almost every household in Ontario, and I am sure across the country. It has to do with insurance rates, auto, business, et cetera.
Although the parliamentary secretary earlier on very eloquently talked about it being a provincial jurisdiction, nevertheless, as the Insurance Bureau of Canada and other insurance companies, for example, come here to talk to us about their issues, I feel compelled to represent the voices and concerns of my constituents, and to express those concerns.
It has nothing to do with profits, but everything to do with the exorbitant rates that have been going up and up. Many people are saying, with this so-called reduction, that they are seeing nothing. We have to come to grips with this industry because it has a trickle down effect in terms of purchases, whether it be cars, expanding businesses, homes, et cetera.
I ask the insurance industry as a whole to get smart, wake up and do the right thing.