First, thank you, Peter, for that question.
I want to express again that every time somebody asks a Métis question, we get very excited and very pleased that somebody is thinking about us.
Let me start off with the businesses.
You heard in my presentation that there are over 900 Métis businesses right now being affected by COVID-19 that we know of. We have put the suggestion to the finance committee to send it all the way through to the Minister of Finance and his department to give us the same opportunities you're giving other institutions, such as banks and credit unions, that you're protecting by ensuring that you will protect their loans as they move forward.
What we find, however, is that because the businesses have to be over $50,000, quite a large fraction of our businesses that will be affected will not be entitled to that opportunity, but if we can get the government to back us up, as with the banks and credit unions, there are hundreds of businesses we know we can immediately impact. We have our own cash in the banks right now. After 30 years of back-and-forth loans, we still have $17 million altogether. If today we emptied the bank accounts of the capital corporations in western Canada, we can bring out $17.3 million right now to help businesses, but we need assurances from the Government of Canada that they will back us up on these loans, given this unprecedented state that we're facing right now.
That's a key fundamental opportunity that exists there. I think it's a great opportunity for Canada to say, “Let's use every tool in the tool box.” We're sitting there with that kind of capital, but if we put it all out, and that's all we have and nobody is backing us up, we could be shutting down our own offices afterward and we won't even be there to help them. We're asking you if you can send a message to the Minister of Finance that this activation be given to the capital corporations.
My second point is on the health side, and I say this not to be a beggar. We never are. The Métis are a very proud people, a hard-working people, but I have to say that we do not have any health infrastructure at all.
We are very pleased with the position moving forward on health legislation that will deal with Daniels. Daniels is the court case that happened in 2015, which said that the Métis are being prejudiced by Canada and that it has to come to an end.
Clearly that legislation, I think, will find a balance in Canada, and I hope all parties will support it as we move forward. It will create a clear understanding that there has to be a strategy in this country. This pandemic or virus will probably not be the last one that's going to come and attack us the way this one has. Hopefully in our lifetime it will be, but I don't think it will be. The world is facing some new challenges, and we need to be ready for them.
We have changed the world. There is no question about it. We're going to have a different world when we come out of here. Things are going to be completely different, so we need to be planning ahead on health strategy right now, but it can't be that a certain portion of the population in this country will be left behind. It cannot be. I'm a Canadian, a proud Canadian. I pay taxes every year, like everybody else on this conference call right now, and it cannot be because of prejudice that we're left aside.
Peter, I thank you for the question. I hope that the legislation comes into place, but we shouldn't even be waiting for it. We should be jumping in right now.
Thank you, Mr. Easter, for allowing me an extra few minutes.