Thank you, Mr. Chair.
Mr. Youngman, I share your concern and that of others here today about projects which will undermine the goals of the Paris Agreement under the guise of greenwashing.
I can think of several Canadian projects, including the expansion of the Trans Mountain pipeline, which was paid for out of the pockets of Canadian taxpayers to the tune of $30 billion.
I can also think of investments made in new oil sands wells, as well as in the Bay du Nord extraction project, which was approved, if not encouraged, by the current government and which will allow for the production of one billion new barrels of oil.
We're talking about green finance, but I have some questions.
What investor will want to make the effort and take Canadian standards seriously if the Canadian government itself is the worst example with regard to its own taxonomy or the taxonomy suggested by the sustainable finance action council, a committee which the government itself struck? Don't you think there is a lack of credibility?