Thank you, Mr. Chairman.
To put it in context, the kinds of principles we would like to see that govern federal crown corporations like FCC are the ones that have been very well espoused in the current extraordinary financing framework the government announced in its previous budget. The financing should be incremental. It should add to what the private sector is doing. It should be on commercial terms, so it should be consistent with the prudent and sound practices that private sector financial institutions operate under. It should be directed toward businesses that have viable business plans. We'd also like to see it within the framework of a very well-defined public policy mandate.
For example, the Business Development Bank of Canada has a very well-defined public policy mandate to provide incremental financing. So where there are gaps in the financial marketplace, it should provide financing that the private sector doesn't. We think that governs the way it behaves, and those principles are very good and should be applied to something like the FCC as well.