Thank you very much. I appreciate that.
Harold kind of touched on it. I was going to talk about the Clearwater deal. That was clearly innovative in terms of how that deal went through. It was a public company that ended up being a private company. It took some innovation and thinking with the act in place already.
There are limitations under this act, and one of them is that we can only deal with an Indian Act band. It doesn't allow us to deal with a collaboration that comes together. We have to deal with every first nation individually. However, we made it happen. We found a way where we could actually take first nations to collaborate on a single project that's going to generate the economic activity for that region and really have a positive spin on the economic local economy there.
Since then, first nations are coming to us in groups, looking at bigger types of projects. There's the proposed railroad, the Churchill railroad and the Churchill port. There are about 40 first nations working on that and they want to deal with that.
There are limitations of the act that we need to talk about at some point in time, because we need to move beyond the issue of a single eligible recipient of a finance loan that's in the Indian Act.
I wanted to add that, thank you.