I have tremendous respect for the work that ICD has done in this policy space and I think ICD has been a real leader.
One of the most poignant moments, for me, going through the regulatory process with the OSC and also participating as an expert in the OSC process, was when the former director of ICD, Stan Magidson, stood up and said quite frankly that ICD supports a disclosure rule, because they did take it to their membership that they need to increase diversity on a voluntary basis, but unfortunately it didn't take. I thought that was a tremendous example of honest leadership.
I would also note that in the comment letters that were submitted to the Ontario Securities Commission on the proposed diversity disclosure rule, I believe—and certainly Matthew can correct me if I'm wrong—ICD did come out in favour of a more holistic definition of diversity, actually along the lines of the definition that you are suggesting, Mr. Arya.