Mr. Chair, I am really proud of this one. Although I am a very young member of Parliament, I was the minister of state for Indian Affairs and Northern Development when we created these capital corporations in the late 1980s. Last summer, I was proud to be present to celebrate with the first nations from B.C., Manitoba, Nova Scotia and Ontario when the First Nations Finance Authority issued its inaugural bond for $90 million.
We have seen enormous progress, and the amendments in the budget implementation act are important because they will accelerate the process, eliminate red tape and will ensure that more first nations can join this great regime that produces great results.