Over the last few years, we have witnessed a continued increase in the number and severity of weather events. As mentioned in Section 11.2, the events in Fort McMurray were the costliest natural catastrophe in Canadian history and highlight the risk of wildfire in Canada. Changing weather patterns may have an impact on the likelihood and severity of natural catastophes, such as wildfires. The trend in climate change continues to pose a meaningful risk to our ability to meet our business objectives.