Thank you.
As we know, as the effects of climate change increase, so does the frequency of natural disasters like those you mentioned—flooding and fires. We are, of course, committed to supporting Canadians and keeping them safe. The main estimates include a $1.6-billion increase in expected disbursements under the disaster financial assistance arrangement for 2023-24, and it is based on forecasts. This supports provinces and territories in terms of the cost of response and recovery that is beyond what they could reasonably bear on their own.
This complements the prevention initiatives that were in budget 2023, such as the creation of an online portal so that Canadians can access information on their own and see their exposure to flooding so they can take measures to protect their home.
We are also working with the provinces and territories to address the gaps in natural disaster protection and help Canadians access affordable insurance.
Those are two examples.