No, it was not. What I'm saying is that the investment community is keenly interested, and as the right kinds of projects come to the bank for consideration, I think you'll see that interest is there.
I'll give you another example. A couple of days ago you heard from Mr. Bain, from Concert Infrastructure. They are significant players in the infrastructure space, and their investors are the pension funds from around the country. They are investing in these projects, and I think, as Mr. Bain said, when the right project comes to the bank, his investors will be keenly interested.
The same thing is the case with respect to Fengate Capital. You may be aware that they have managed a good portion of the Labourers' International pension fund. They are looking again for projects.
What intrigues me at the moment about the Infrastructure Bank is that, as you may be aware, they now have a mandate for unsolicited proposals and they have just announced their unsolicited proposals framework. I think there's real opportunity now for the private sector to identify the kinds of projects that will be of interest to the bank and work with the bank. In doing that, if these projects can go ahead, they will inevitably bring their private finance players with them to the equation.
You want private finance in these projects. You need that community to have skin in the game, because that's what really ensures that projects that are procured, irrespective of the model, deliver on their contractual obligations. It's the financiers that are at risk and their funding that's at risk. I'm optimistic that as the bank moves ahead with both its growth plan....
I'm particularly interested in the indigenous project portfolio they'll develop. I made a reference a little earlier to the Tlicho all-seasons road project in the Northwest Territories. That's a significant project where there is a 20% cash equity infusion coming from indigenous communities.
Therefore, the interest is there. The capacity to make those kinds of investments is there, and as projects come to the fore—