Canada has set out what's called a whole-of-government approach to tackling climate change. Another analogy is “all hands on deck”. It's open to Canada, as responsible for meeting its own target, to determine which institutions are going to be involved in that whole-of-government approach to meeting the target.
Most recently, the list of institutions subject to Canada's Federal Sustainable Development Act moved from only 20-something to approximately 100. The OSFI is now within that 100, and our own office is now within that 100. We all have a potential part to play in meeting whole-of-government targets or objectives, like the climate target of 40% to 45%.
We do point out in our report that, thus far, the OSFI has taken a narrow view of its mandate and stuck to the stability of the financial system, while other countries have chosen to have their equivalents of the OSFI take a more active role in contributing to climate change mitigation efforts. It's a policy question that's open to the government to answer.