Clifton Lee-Sing

Resuming issuance of Canadian real return bonds. Discussing climate, environmental, and sustainable finance policies, including the incorporation of climate-related and transition-related risks into government policy and frameworks, and factors influencing institutional investor capital allocation decisions. Linking mining practices in Canada to climate-aligned initiatives, and supporting the Mining 2030 initiative, which seeks to responsibly develop critical mineral mines while attracting investor capital. Discuss improvements to Canada's carbon markets and the industrial price on carbon. Request for amendments to the Income Tax Regulations to allow a jointly sponsored pension plans to accept pension funds for an incoming single employer pension plan member who already has overlapping service in the jointly sponsored pension plan for the same period. General discussions on investments, including possible investments in Canadian infrastructure projects and linking investments with federal priorities and announcements (e.g., the latest Fall Economic Statement includes pension-related investment programs and the Stephen Poloz led working group targeted how to increase domestic investments by Canadian pensions). Implementing the Sustainable Finance Action Council's recommendations, including the development and implementation of a Canadian Green and Transition Taxonomy. Taxonomies help in addressing the climate change funding issue by making clear opportunities for climate-related investment. Implementing climate-related financial disclosure frameworks, policies, and other measures for public and private companies. Working with various government representatives and entities to understand and implement measures to overcome barriers to increasing the level of climate-related financial disclosures. This includes defining what constitutes a small company and other work to identify appropriate levels of disclosure.

- Employment and Training, & Small Business - To pursue mission-driven activities and outcomes that are aligned with our strategic objectives of advocacy, collaboration, and communication. To ensure Canada remains a world-class home and educator of financial and investment talent. - Education - Discussion on and expansion of the retirement security of Canadians through retirement planning, public and registered savings and pension plans, annuities, and other savings and investment incentives or programs, including related research. - Privacy and Access to Information - Discussion of privacy regulation as it relates to regulation of securities, investment management and financial services. Inclusive of data portability, consumer rights relating to personal data, and open banking. - Justice and Law Enforcement & Constitutional Issues: Jurisdictional issues related to the financial services market. To advocate for more effective investigation, prosecution, and generally enforcement of financial-related criminal activity including criminal and quasi-criminal offences including but not limited to securities, money laundering, and terrorist financing. - Consumer Issues & Industry & Taxation and Finance - To advocate for the highest professional standards, integrity, and ethics in the investment industry for the ultimate benefit of Canadians (inclusive of the broader financial services industry), and for generalized tax reform to serve investors, grow investment and productivity, and to ensure the vitality and future of the asset and investment management sectors in Canada. - Internal and International Trade - Advocate for the reduction of interprovincial trade barriers (particularly those related to the asset/investment management industry, financial sector, and related service sectors of the Canadian economy). Advocate for the expansion of international trade agreements to grow the Canadian asset/investment management industry, financial sector, and related service sectors of the Canadian economy. Advocate for an increase in exports of asset/investment management services from Canada to abroad, and to increasingly establish Canada as a world-leading center for these industries. - Environment, Climate & International Trade - Discuss government programs related to sustainable finance and other climate and sustainability-focused matters. - Pensions - Advancing financial market integrity, transparency and protection for investors and financial consumers. - Taxation and Finance & Financial Institutions - Financial, securities, and other related regulation affecting capital markets, the financial system, investors and financial consumers, including but not limited to: financial reporting; service taxation; systemic risk; education and credentialing; and other associated regulations. - Economic Development - Matters relating to the growth and financial stability of the Canadian economy, and the regulatory elements thereof including systemic risk-related regulation. Advocate for entrepreneurship, productivity, and growth of the investment/asset management sector in Canada. - Budget - Advocate for the financial literacy, retirement security, and well-being of Canadians, and the support of the asset management industry as a strategic industrial policy priority for Canada. - Labour & Immigration - Pursue further recognition of CFA Program/charter and other similar educational or credentialing programs. - Financial Institutions - Discuss matters relating to corporate governance, board composition, and disclosure, particularly with respect to diversity.

Sharing research into the economic risks and opportunities arising from climate change and policy/programs to reduce carbon risk and advance sustainable finance. Sharing research and policy recommendations on reducing greenhouse gas emissions and policies/programs to achieve net zero emissions by 2050 Research methods and findings relevant to the development and implementation of a National Adaptation Strategy Federal policy and investment related to reducing the impacts of climate change on infrastructure. Establishment of a federal Net Zero Advisory Body

Statutory review of the Pest Control Products Act, engagement on Pest Control Products regulatory transformation, renewal and cancellation policy. Statutory review of the Canadian Environmental Protection Act and amendments to other toxics law policies and/or regulations including the Pest Control Products Act and the Consumer Product Safety Act. Obtaining recognition of constitutionally-protected environmental rights, including the codification of these rights through the proposed Canadian Environmental Bill of Rights; Implementing the Fisheries Act to better protect fish, fish habitat and water flows. Implementation of the Species at Risk Act in a manner that ensures protection of species-at-risk. Implementation of the Impact Assessment Act in a manner that protects the environment, including effective application of Strategic and Regional Impact Assessment provisions Banning thermal coal exports from and through Canada Advocating to strengthen the Impact Assessment Act, regulations and policies Advocating to strengthen the Canadian Environmental Protection Act (CEPA) Advocating that plastics be added to the Priority Substances List and to the List of Toxic Substances Advocating for the reform of the Competition Act. Advocating for the passage of legislation that recognizes protects the right to a healthy environment. Advocating for the passage of Bill C-230 National Strategy to Redress Environmental Racism Act Advocating for the implementation of the Canadian Environmental Protection Act. Advocating for sustainable finance regulation Advocating for strengthening Bill C-50 (the Canadian Sustainable Jobs Act). Advocating for laws to enable citizens’ right to repair products Advocating for healthy transportation Advocating for circular economy laws, strategies and policies Advocating for Bill S-243, An Act to enact the Climate-Aligned Finance Act and to make related amendments to other Acts, and which would require certain financial and other federally regulated entities to address climate change Advocating for a United Nations Global Plastics Treaty Advocating for a robust national environmental justice strategy to assess and address environmental racism and injustice Advocating for a federal Aquaculture Act that protects native species and coastal ecosystems Advocating for a Canadian climate change accountability framework Advocating for a Biodiversity Accountability Act

Advising on the climate, environmental, and economic risks of new bitumen pipelines and related fossil fuel industry expansion, and seeking to mitigate harms. Seeking to stop proposal changes to Impact Assessment Act, Fisheries Act and Species at Risk Act that the federal government released a spring 2026 discussion paper concerning proposed changes to the IAA, Fisheries Act and SARA that would significantly weaken protection of environment and human health Seeking that the federal government deny changes to the Tripartite Agreement, and therefore not enable a process toward expanding the Toronto Island Airport to accommodate jets. Supporting the federal government's plans and financial support for decarbonizing steel production in Canada. Seeking Cabinet Emergency Order to protect the critical habitat of piping plover at Wasaga Beach Supporting the federal government in its negotiation of a strong international treaty on plastic pollution. Supporting federal action establishing a Federal Plastics Registry requiring producers to report annually on the quantity and types of plastic they place on the Canadian market, how it moves through the economy, and how it is managed at its end-of-life. Advising on the climate impacts of existing or proposed LNG projects, as well as the global business environment for LNG, and seeking to mitigate harms. Advising on the environmental impacts of projects enabled by Bill C-5 and seeking to mitigate harms. Environmental and industrial strategy approaches to reducing waste and material inputs Seeking a strengthening of the Output-based pricing system intended to make polluters pay Supporting the implementation, under the Canadian Environmental Protection Act, of Clean Electricity Regulations to mitigate climate change and build a low carbon future. Supporting stronger regulations under the Fisheries Act on Oil Sands Mining Effluent Release. Supporting investment in systems for reuse and refill as an alternative to single-use packaging. Supporting a Climate-Aligned Finance Act, that would include enforcing science-based targets and holding financial institutions accountable to them. Federal Budget - providing resources for environmental initiatives, including climate change, public transit, renewable energy, climate finance accountability, investment in water and wastewater infrastructure, pollution abatement and enforcement, economic transition, sustainable jobs, aligning federal spending with climate objectives and restricting resources for fossil fuels. Rouge National Urban Park expansion involving the former Pickering Airport lands. Supporting the strengthening of current and future federal government emission reduction targets. Ensure a green investments Taxonomy does not include fossil fuels. Advancing climate transition plans across the economy, requiring federally regulated financial institutions and large companies to develop and implement plans that align their business with the goals of the Paris Agreement. Supporting federal action to protect communities and ecosystems from local impacts in the oil sands, including from seeping oil sands process water. Supporting the establishment, under the Canada Consumer Product Safety Act (CCPSA), of regulations requiring disclosure, and prohibitions, restrictions, or container requirements for certain human health hazards of concern (HHHOCs) in consumer chemical products. Supporting the establishment of the Canada Public Transit Fund and negotiated infrastructure funding agreements with provinces, territories, and cities, where the federal government would establish land-use standards near federally funded transit stations, establish zero-emission bus procurement requirements and expand operations funding to increase transit service levels. Supporting the establishment, under the Canadian Environmental Protection Act, of regulations to address plastic pollution. Supporting the establishment, under the Canadian Environmental Protection Act, of reg

Supporting legislative changes to allow the electronic delivery of governance documents in the financial sector as proposed in the 2024 federal budget. Veterans Benefits including programs and policies that provide financial and other assistance to current and former members of the Canadian Armed Forces. The Pension Benefits Act and the Tax Act including annuities. The Income Tax Act and Budget 2023 proposal to change the tax treatment on Canadian dividends received by Canadian insurance companies. Standards for banking and health data (open banking, health information). Privacy, Human Rights and Insurance including the Privacy Act, Human Rights Act and the Canada Labour Code. Policies and programs related to Canada trade relations with other countries. Office of the Superintendent of Financial Institutions Guidelines on Insurance and Banking. Insurance Companies Act and regulations. Healthcare policy, specifically in relating to, employee benefits programs, including long-term disability and drug benefit plans. Global Minimum Tax Act to promote international coordination and harmonization on the timing and operation. Ensuring the passage of Bill C-27 - the Consumer Privacy Protection Act as drafted by the government. Canada’s system and programs for detecting and deterring money laundering. Access to Hong Kong Pensions for permanent residents of Canada

Housing Finance Programs and Market Infrastructure Federal housing finance programs, procurement policy and Canadian capital markets infrastructure. Participation in the Bank of Canada's Lynx program Support the development of a Canadian Green and Transition taxonomy (or investment guidelines) to help attract capital to domestic businesses, ensuring it reflects the structure of Canada’s economy, including the extractive sector. Climate and sustainability disclosures: ensure that climate and sustainability disclosure mandate proposals are calibrated to the uniqueness of Canada's capital markets and support the competitiveness of Canadian businesses. Discuss policies to support investment in critical minerals and natural resource development, including access to public markets financing and related tax incentives. Discuss federal 2026 pre-budget consultation submission, including priorities related to innovation, critical minerals, and measures to support Canadian productivity and competitiveness. Encourage greater transparency in the over-the-counter markets and discussed policies on the national regulator for securities Encourage a bond allocation incentive program and participation of Bank of Canada in the futures market Discussions and updates of, including support for, international expansion of capital market activities.