Madam Speaker, I have been talking to the minister about the new insurance program that is being conceived. I look forward to seeing the details on that when it comes out, hopefully later this fall. I am also glad that the member mentioned earthquake insurance. It is not related to climate change obviously, but it is something that is of deep concern in coastal British Columbia.
However, it is clear that we really must recognize the devastating impacts of climate change on the lives of Canadians. To reduce the human and financial costs of these extreme weather events, we must make bolder investments to reduce our emissions and to prepare our homes, businesses and communities for future challenges. Over the coming years, these investments will save 10 times their cost in avoided damage and loss of personal property and will also allow us to live longer, healthier lives.