Number one, I mentioned that most small Inuit businesses are home-based. If you recall, some of the loans that exist are tied to the amount of payroll. I think they have reduced the requirement to $20,000.
Many small business owners do not take a salary. They pay themselves dividends, which currently are ineligible. If there's some money left over at the end of the year, they would pay themselves whatever, $30,000 or $40,000.
As well, I think the challenge for many businesses is that they are new and typically do not have the financial information required to be eligible. Many businesses do not have bank accounts, and of course, for the Canada emergency business account program you need to be tied to a financial institution.
There are many ways to address some of these issues. We can untie it from the payroll requirement. We can untie it from a financial institution. There are existing lenders in our communities; it's just how do we do it in a way that gives us the same opportunity?
In terms of amount, we think we have an extraordinary case. You can imagine building a house with materials that you have to pay for now, but you won't be starting construction until next March. That's because you have to assemble the materials, transport them get them on the ship and into your communities before October 1.