Hon. Clément Gignac: My question is for the Government Representative in the Senate.

Senator Gold, the Canada Pension Plan Investment Board, which represents over 21 million Canadian contributors and beneficiaries and manages over $550 billion in assets, submitted a brief to the Standing Senate Committee on Banking, Trade and Commerce last week regarding the low levels of investment in Canada.

In its brief, CPP Investments talks about important considerations related to the challenges posed by climate change. The brief states, and I quote:

Having consistent and accurate climate change-related financial information enhances our ability to make sound investment decisions in the best interests of our contributors and beneficiaries.

Senator Gold, if Canada is to successfully achieve its energy transition, don’t you think it would be important to provide pension funds and long-term capital providers with better tools for assessing investment opportunities in Canada?