We are exceptionally concerned about this trend line. We are exceptionally concerned about the conditions we're seeing. Even just today, the Canadian hurricane centre released its expectations of the forthcoming hurricane season, which they noted would be “significant” or “very active”, and that aligns with what we've seen out of the U.S., as announced just days ago.
Whether it's multiperil—wildfire, flooding or extreme heat, another very significant threat to Canadian communities across the country—we are exceptionally concerned. Currently, the Canadian property and casualty insurance industry is very well placed, and we are seeing full coverage, with the exception of high-risk flooding. However, there's an opportunity to work together on that.