Thank you very much.
Thank you to both of the witnesses for being here. This is very interesting for me.
I have to tell you that I am not well versed in investments, so forgive me if I need you to be very clear with me.
What I heard from you, Mr. Arès, is that basically there is not enough information for Canadians who are trying to invest, for Canadian companies and for investment funds to know whether or not forced labour, slavery and all of these things are happening within supply chains. This is, of course, a bit of a challenge, but it's more important than just knowing that those things are happening. That's one piece of it, isn't it? However, having just that knowledge doesn't mean anything if there's nothing that compels investors to act upon that knowledge and if there are no enforcement mechanisms in place.
Right now in Canada we have the CORE ombudsperson, who, despite being put in place in 2018, has done zero investigations into abuses that apparently Canadian companies have done abroad. We have very little ability to do any sort of enforcement of any of these things at this point.
Perhaps I'll ask both of you this. How do we solve this problem where Canadian companies and investors can neither find out, nor actually be asked to act on, that knowledge, even if they did have it? We also have no ability to enforce it, even if we had legislation that told them.... You can see that we're a long way from a solution here.
Mr. Arès, can you provide your thoughts on that?