Mr. Mark Boutet at the Government Operations and Estimates Committee

I would say that we have had an environmental, social, and governance policy since 2002. We have processes that ensure that these considerations are taken into account in all of our investment decisions for all asset classes. We don't do stock screening, as many of our peers don't. The reason we don't is because we believe that engaging companies is a more productive way of effecting change, so we are very active on proxy voting on public companies. Last year we voted at about 3,000 annual meetings. We engaged this year and in the prior year directly with companies of—