Mr. Chair, that's an excellent observation and an excellent question.
As you know, OSFI is responsible for the 350 or 400 institutions that are federally regulated, but we are taking a very proactive approach with our provincial counterparts. We're working with all provinces to ensure they are at the table when we're developing prudential guidance, for example.
I'm very proud to say that we are one of the only regulators in Canada that have published prudential risk management guidance. Yesterday, we published a standard on scenario analysis methodology.
Throughout all these processes, we partner with the provinces and share as much information as we can to bring them along so that there's a sort of pan-Canadian approach to regulating climate-related risks, whether you're provincially regulated or federally regulated. It's something that we're very conscientious about at the office.