Yes. In doing so, could I refer to a comment made by Mr. Murphy? He rightly pointed out that in some countries the amount provided by insurers is comparable, but the liability imposed on the operator is very different and higher. In addition, in the case of the country I live in, Sweden, the insurance market can cover €700 million, which is about $1,100 million Canadian. But the amount insurers can cover does vary from country to country. As Mr. Murphy said, the insurance market is very tightly regulated, and the capacity varies.
To go to your question, in Spain, since 2007, the liability has been at $1,100 million Canadian. There's a proposal being considered by the Spanish legislature now to raise it to €1,200 million. I don't have the conversion in my head, but that's a significant increase, to around $2 billion Canadian, I guess. The United Kingdom is in the process of amending its legislation and it would impose operator liability of €700 million, again about $1,100 million Canadian.
Just to reiterate the point I tried to make earlier, the Paris Convention, as amended by the protocol, sets a minimum level of liability of $1,100 million Canadian. Above that is what is being explored now by an increasing number of European countries.