Thank you, Mr. Chair.
I would like to continue in the same vein.
Both witnesses said something that is very important to consider: What is the price of doing nothing? Canada has a lot to offer to attract investment from all over the world. Unfortunately, I note that we are falling behind in comparison with the European, American and Australian financial markets. So we need to have the tools as soon as possible to create an environment that, as was said, will give investors certainty that they can invest in our economy.
I would like you to give us some more examples of the consequences of Canada doing nothing, but also do a comparison with the other countries. Canada does not exist in isolation. We are competing with the big financial markets.
What is happening in Europe? Why are those countries ahead of us when it comes to taxonomy and disclosure? What can Canada do to speed things up and stay in the race?
I would like to hear Ms. Zvan's answer first and then Mr. Chisholm's.