Thank you, Mr. Chair.
That's very interesting, particularly the final comments to the effect that Canada could be a world leader in clean energy.
Mr. Usher and Mr. Miller, welcome, and thank you for your good work at the UN and the OECD on this important study of green finance and transition finance.
Canadian companies are facing a growing competition for sustainable investment. We need a robust climate information architecture in Canada. It should be based on data, disclosure and taxonomy. The last panel said that holding on taxonomy is holding on investment opportunities. Mr. Usher, you mentioned that we're already two years behind Europe on that.
You did mention in your introduction that we have taken some initiatives. The OSFI B-15 climate risk guidance is good. The CSSB aligning with the standard of the ISSB is a good thing, but it's not enough. We should go further.
You mentioned that we risk being left behind in terms of capital attraction in Canada. Mr. Usher, when is our last call to take effective action on disclosure and taxonomy?