Mr. Speaker, I would like to thank my colleague for his work at committee. I read the Conservatives' supplementary opinion. Obviously, I understand their point of view. They want to limit spending. They simply say that they have no problem with investing in this, but that the money needs to come from somewhere else, so spending in other areas will have to be reduced. I agree with the member that there is a lot of waste on the part of the federal government.
However, where our points of view differ is in where the money should come from. I think that there is a lot of waste, particularly when it comes to the money going to the oil industry. It is unnecessary, especially since we are investing in an obsolete industry that should not get any more of our money. Instead, we should turn toward the economy of the future. Unfortunately, when we invest money in a sector with no future, it only delays the work that needs to be done. We need to focus on a zero-emission economy for the future. It would be far more productive and profitable. This is an example of where we could get the money. Our shorelines will still be there in 50 years, so it is important that we take care of them. It would be nice if we could save people's properties before their houses end up in the water.