Thank you, Mr. Chair.
Thanks to our guests for being here today.
First I would like to talk to you about the Canada Media Fund. This is very important from an economic standpoint. As you know, there are a lot of jobs and economic activity related to film and television production in Toronto, the city I represent. In the riding of Etobicoke—Lakeshore, which I represent, there are three major studios: Cinespace Film Studios, William F. White International Inc. and Back Alley Film Productions Ltd.
I see a major difference. Here we're talking about an increase of more than $99 million. Could you tell us about the effects of that investment, about the way things have changed in recent years?