Madam Speaker, we hear a lot of talk about economic problems related to climate change. We hear about fighting climate change, about how terrible it is, about how it causes economic hardship.
Still, we cannot forget the problems we are facing right now. Climate change affects the economy on both individual and social levels. Consider droughts and floods, for example. There was another major flood in Drummondville this year. Many people were affected, insurance companies were overloaded, and there was added pressure on the city to deal with all of the needs. Not fighting climate change has its own set of consequences.
According to the National Round Table on the Environment and the Economy, doing nothing to fight climate change could cost us billions, much more that it would cost to take action now. An ounce of prevention is worth a pound of cure, as they say.