That's great to hear.
I wanted to go back to a question that Mr. Kelly posed to you about ESG and the correlation challenges there, which I think are well known globally.
That's exactly why groups like the international sustainability standards board, which is a branch of the International Financial Reporting Standards Foundation, is doing such great work to create a global standard for sustainability reporting, including climate disclosures. We've seen from the latest data that over 60% of the world's GDP is already aligned with ISSB standards. We also see that the latest data shows that 93% of Canada's non-U.S. trade partners, which we're deepening trade ties with, are already aligned with ISSB standards.
Getting back to my previous line of questioning about taxonomy and disclosure, I see disclosure as essential for market transparency. We've seen reports recently that say that if we want to give access to lower-cost capital, markets restructure themselves whenever there's better transparency, more data and standardized data consistently available.
Would you agree that ISSB standards and climate disclosures are going to be helpful in ensuring that there's enough reward for those performers out there?
