One of the things we've tried to do here in Winnipeg is to attract the pension funds. There is something of the order of $2 billion worth of pension funds in Manitoba. Most of them are invested in parking lots and apartment blocks. When we ask why they don't take a little more risk, they say, one, they don't understand it, therefore they don't want to participate; and, two, it's too risky. So we've been suggesting they form a consortium of pension funds and each put in 0.5% of their funds to hire some analysts. Four analysts, who would make intelligent suggestions as to investments of moderate risk, are now working for the consortium so they can start to win on their investment and thus have a much greater return.
Unfortunately, just about the time we were succeeding with that, the Crocus Investment Fund went into difficulties, and the venture capital community went to the right very hard. We're going to go back to this when this problem has quietened down a little bit, because it is a giant source of money. As you know, in Ontario, OMERS--and there are several of these very large pension funds--is getting very good returns. CalPERS in California is another one—California public employees' retirement system.
I think that's an untapped source, but it requires a positive action on somebody's part. And it might well be some sort of government-backed...let's call it insurance, for lack of a better word, to minimize the risk for these folks, at least at the beginning, so they can see it's really worthwhile. They'll not only increase their return, but they're doing something for their community besides just keeping a solid investment.