Madam Speaker, on Wednesday our government announced $117 million to renew the indigenous community business fund to support local businesses and economies. The first round of this initiative helped fund over 1,000 first nations, Inuit and Métis-owned businesses.
We recognize that indigenous businesses, particularly community-owned micro-businesses such as beaders and craft workers, face unique challenges due to their size and have been disproportionately affected by the pandemic. This distinctions-based fund will relieve financial pressure for businesses, sustain jobs and keep doors open through the economic recovery.