I think, Mr. Badawey, what you are speaking to here is how we allocate the costs of climate change, which is admittedly a big challenge. There are historical decisions. One of the mayors mentioned that their settlement is 160 years old, predating any knowledge of climate change, and there have been decisions after decisions that have been made around how communities have developed. I think it's appropriate that the cost of protecting those communities—in some cases, relocating neighbourhoods—is a cost that the federal, provincial and municipal governments share in.
There's also a local financial liability that local taxpayers have around these, and it's incumbent on municipalities to manage and mitigate that risk. That, I think, gets to the role of insurance as well, and how that risk is priced and passed on to individual homeowners and business owners. This is the direction we should be moving in, but we need to make sure we're not leaving whole communities behind with unaffordable insurance. I think we need to move in that direction cautiously but steadily.