Madam Chair, indigenous businesses are the backbone of indigenous communities and their economies. Indeed, they are the backbone of the Canadian economy.
On the weekend the Prime Minister announced $306 million in support for indigenous businesses in forms of loans, repayable loans, emergency support. These are initiatives that fill a gap that the announcements we made before have not necessarily been able to address.
I would note that a number of indigenous businesses in particular are run by women. They are smaller in nature and are in need of the support of the Government of Canada. We will not leave them behind.
I would like to thank NACCA for its support. The 59 aboriginal financial institutions that we will flow these funds principally through will be the principal administrators of them.
If the member opposite has a particular group that he would like to see funding for or that is in particular need, I would ask him to contact my office, but more importantly, the aboriginal financial institutions that serve these businesses so well.