I wouldn't say that the role is necessarily to intervene. I would say that the federal government has a leadership role to play in trying to address these gaps. Canada is becoming a riskier place to insure. The reinsurers—those are the companies that we pass risk onto globally—have raised the rates for Canada by up to double for some portions of this country in the last year. As a result, that means that insurers are paying more, much higher premiums, and they're passing that on to the customers. It's not just your community that's feeling the pain. I'd say the pain is being felt across the country, because Canada is becoming a riskier place to insure.
How do you reduce the risk? Whether it's on auto.... Do you have some sort of national auto theft strategy that the feds could lead with the RCMP? Is there something we could collaborate on in that area? With the national flood insurance program, that's a terrific step forward. It's essentially saying we are going to intervene in the market by entering the market. The federal government is actually saying they're going to be underwriting flood insurance for the country. It's a massive step forward, in partnership with us. We fully support it. It keeps insurance available and affordable for those who live in high risk...and building it to expand to address other challenges when they emerge is also important.
I'd say it's not only a northeast Calgary issue; it's across the country. Your constituents aren't paying more, because of that one hailstorm. It's a trend. We're seeing a worrying trend.