That would be wonderful. Indigenous financial corporations are certainly in need of capacity building, so they can operate in communities deemed too risky by financial institutions. Indigenous communities are seen as having a high risk of mortgage defaults.
Against that backdrop, the Yänonhchia’ initiative is based on the success of the Aboriginal Savings Corporation of Canada and a proven network of indigenous financial corporations.
When can we expect to see a real change thanks to an initiative that is bringing communities together and having a structural impact in Quebec? A solution already exists. A pilot project has had excellent results. We want these people to have the opportunity to get to work.
What you said partly answered the question I was about to ask you. I take your comments to mean that you're willing to work together, and I'm interested in doing that.
I'd also like to talk to you about the First Nations Finance Authority, whose bond rating is currently on a par with Ontario's and Alberta's. That shows you how strong its internal controls and safeguards are, not to mention how financially sound its members are.
Can we seize this opportunity to expand the authority's work so that indigenous communities can benefit and more “by and for indigenous” initiatives can be established? I'm talking about developing that infrastructure specifically.