That's a good question. That's an example that could probably work locally. I don't know how easy it would be to expand it across the country.
What I am talking about mostly is making sure that the economic incentives are there to reduce the risk. For example, the recent reform of the DFAA with the “build back better” component is a good approach, but there's definitely more that we can do. That's why I suggested the idea of a Crown corporation to support provinces in the industry in pooling the risk and risk transfer. I also think being able to price the risk is an important incentive to reduce the risk in the end. That's what I discussed.
I'm also a big proponent of resilience grades or certificates. Being able to signal to the market that the community or individuals have taken the appropriate adaptation measures to reduce the risk is also very important. We heard about the codes a couple of minutes ago. This is important. It's a signal that homeowners and communities could send to reduce the risk.