Thank you, Mr. Daniels.
To differentiate this, in this particular case the First Nations Finance Authority lends directly to first nation governments, as an entire nation. In this particular case of surety and bonding, it impacts individuals like you and I. What is required is a stand-up fund that is directly related, so that assets earmarked....
I gave the example earlier to Mr. Johns, that if I have $2 million worth of assets, those assets cannot be securitized or used as security by the underwriters and the bonding facilities that require those to execute an indemnity agreement. It is very similar to how you or I would buy a home or another asset; we have to show that we have the ability to pay that back. This is what this fund would do by acting as a backstop, in which case the contractor could then access bonding. Once that project is executed and completed, that earmarked $2 million from the fund would then be released and recycled back into the fund where other indigenous contractors could, in fact, utilize that.