Mr. Speaker, I would like to remind our hon. Conservative colleagues that the national round table on the environment and the economy, the only organization that brought the environment and the economy together to track progress, was axed in 2011 by the incoming majority Conservative government.
This organization demonstrated that the cost of inaction was much greater than the cost of action. If we put a price on carbon, there are some minor consequences, but they are much more positive than negative.
If we fail to take action on climate change, it is projected that the extreme weather caused by climate change will be costing the economy $21 billion to $43 billion a year by 2050.
What does my colleague have to say about that?