No flood-insurance policies in Canada without new maps: poll

Colleagues-

I would appreciate your experiential comments on this:

http://www.guelphmercury.com/news-story/4081412-no-flood-insurance-policies-in-canada-without-new-maps-poll-of-ceos/

We do have Regulatory Flood Elevation Contours in certain Conservation Authorities but it is not universal in Ontario.

There are some areas where there are questionable contours too.

Is the mapping and processing of flood zone certification an area only open to professional USA surveyors ?

Is it a viable enterprise ?

What are the pitfalls other than the impression that the certification is very minimal in cost ?

I understand in Canada there is a rejigging of the bench mark system that will affect/change elevations thereof.

Thank you,

Derek