Madam Speaker, the climate crisis is also a water crisis. From catastrophic flooding to the devastating impacts of hurricane Fiona and the unprecedented mass die-off of salmon in B.C. streams, Canadians are feeling the impacts. Canada is already spending $1.9 billion each year on climate damages from extreme weather, and that number will only continue to grow.
However, there are solutions. A recent Canadian Climate Institute report shows that every dollar spent on adaptation now will save us $13 to $15 in the future. Investing in the health of our waters can build climate resilience, support job creation, advance reconciliation and help ensure clean drinking water for all.
We must create a truly independent Canada water agency and adequately resource the freshwater action plan. Indigenous water rights must also be recognized and rooted in nation-to-nation relationships. Canadians care deeply about the health of our waters. It is time for federal leadership and meaningful investments to protect our most precious natural resource. Water is life.