Madam Speaker, this was a pilot project set up by the government. It provided loan loss reserve provisions for five participants. There are 30 aboriginal financial institutions across the country. Those numbers speak for themselves.
The loan loss reserve initiative complements other activities, such as our government's support for aboriginal financial institutions which are focused more on improving access to capital for smaller aboriginal businesses.
The Government of Canada continues to support aboriginal financial institutions in their efforts by providing, last year and ongoing, $88 million in loans to 1,200 aboriginal businesses each year. We will continue to work in a progressive way in this direction.