One of the things we see is that severe weather and climate change are having a significant impact both on our weather patterns and on disasters, both flooding and fire, as in the example that we saw in Fort McMurray last year.
We know that Canada is the only G7 country that does not have residential flood insurance, so the disaster financial assistance arrangements become the default insurers of choice, which is having a significant financial impact on the economy and at the same time doesn't situate people to be prepared and ready to take on their own responsibilities in that regard.
We have to work harder with the Insurance Bureau of Canada and the broader industry to create those conditions to implement a residential flood insurance market for Canada, so that we can have a positive impact on the economy but actually help and prepare people to be ready to respond in disaster situations from a financial perspective.