Environment committee  We're here to try to advance some of the challenges we are facing. As successful as we were in our green bonds, the transition has been a much tougher challenge, and we are trying to replicate the success factors in the green bond to the transition world. That's why we're here.

Environment committee  Basically, I think the Canadian financial system is healthy and adequately capitalized. It's difficult to accurately quantify the risks you're alluding to. But a lot of work still needs to be done, including in terms of disclosure, as you mentioned. We, the investors, are continually monitoring and assessing risks.

Environment committee  I wouldn't necessarily link that to climate change. There are challenges in Canada, including productivity issues, but our financial system is very robust. On that side of things, we're not particularly worried.

Environment committee  Thank you, Mr. Chair. I'm the co-founder of AlphaFixe Capital, a portfolio management company that specializes in bond markets. We are headquartered in Montreal, Quebec. We are accordingly regulated by the Autorité des marchés financiers. In 2017, we launched Canada's first green bond fund.