Certainly. Thank you.
Initially, the first program under CEBA was designed for access through traditional financial institutions. We know that only about 33% of indigenous-owned businesses have relationships with traditional financial institutions. There was further funding provided, $307 million, through the national aboriginal capital corporation to be distributed in the same way as CEBA through the aboriginal financial institutions, but that money was not available to be distributed until late June. Again, there was a significant delay from when CEBA was announced.
Then, on the wage subsidy program that was unrolled initially, aboriginal economic development corporations were not eligible for the wage subsidy. That's because of the structure of how they're set up. We did have many discussions across government. Again, that was also remedied, but it was about a three-month delay from when other indigenous businesses were able to access the wage subsidy in comparison with economic development corporations. Economic development corporations do employ a significant number of Canadians, indigenous and not.