Thank you, Mr. Chair.
I'm going to approach this from somewhat the same angle as Mr. van Koeverden.
Almost $7,000 billion U.S. from 60 banks has been used to finance hydrocarbon-related projects since 2016, i.e., since the Paris Agreement. The five institutions you represent here alone have extended more than $900 billion U.S. over the same period. In other words, 13% of the world's bank financing comes from financial institutions based in a country that accounts for 0.5% of the world's population. Indeed, the five Canadian banks are all ranked in the top third of the global list of oil and gas financing institutions.
My question is for Mr. Thomson of Scotiabank, which is ranked 11th on this list.
What do you want to say to the thousands of Canadians who consider that your actions and positions serve to finance climate chaos, population displacement, deforestation, contaminated water, toxic residues, cancer and the destruction of ecosystems?