Thank you very much, Mr. Chair.
Ms. Bergeron, thank you for joining us for this important study.
I often go back to my riding to meet residents. Right now, I am hearing how worried they are by the banking system. They are seeing what is going on in the United States and in Europe and are wondering if Canada's banking sector is still in good health. I tell them that we have one of the best banking systems.
A little earlier, representatives from the Office of the Superintendent of Financial Institutions explained that this was mostly due to the excellent banking regulations that we have here in Canada. The banking sector was recently deregulated in the United States, which has led to the situation we are seeing now. The office also spoke of the need for the financial sector to have a solid regulatory framework for climate-related matters and the risks that are associated with climate change.
Do you agree with what the representatives of the office have said, i.e., that our financial sector is in good health and that the risks linked to climate change are taken into account?