I can't speak to that, sir. I can just say, looking at the metrics from CatIQ, that it would have a dollar amount. Then, once it reaches a certain amount, it would be considered a catastrophic event.
February 10th, 2026 / 4:15 p.m.
Director, Risk Management, Strategy and Products, Canada Mortgage and Housing Corporation
I can't speak to that, sir. I can just say, looking at the metrics from CatIQ, that it would have a dollar amount. Then, once it reaches a certain amount, it would be considered a catastrophic event.
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