Thank you, Mr. Chair.
Mr. Pardy, in your opening remarks, you mentioned something along the lines of business leaders not needing to be told to pay attention to risk because, as any good business leader would, they are already doing that.
In your assessment, is there any evidence to suggest that pension funds or financial institutions aren't paying attention to those market dynamics and market risks, and that it is important that the government institute and impose new regulations on them?