That's a great question. Thank you.
I would say it should be done by a combination of the federal government, indigenous development corporations and private capital.
Of late, I've been working with many Inuit first nation development corporations on trying to educate Bay Street about the north and to dispel the stereotypes. We're trying to take Bay Street up to the north and bring folks from the indigenous development corporations to the south to do internships. It has been a slow process, and I've received a wide range of comments, from really bad negative stereotypes to.... I've piqued a few persons' interest.
There is now the beginning of an interest coming from Bay Street, I would say. I feel as though I have to reel them in one at a time, and I feel very happy when I actually do it. It's amazing to see the light bulb go on. One of the pension plans actually came with me to the Arctic Circle conference in Reykjavik. You're just blown away. How is it that we don't know about all of this?
I would say, then, that it's a tripartite effort. It's the federal government, and it should come from the territories and indigenous development corporations themselves. We also need the help of private capital. This would provide a lot of avenues for us to understand how to bring indigenous equity into these public-private partnerships, and also show what kind of public-private partnerships are possible and thus what the federal government should be doing to provide incentives.