Thank you, Mr. Chair.
I'd like to go back to a lot of the comments you made and a lot of the points you made about being a producer in Canada, which I know is very difficult. You talked about the CTF as being a leverage factor for producers who are putting together their budget. It's quite a complex process, putting together your budget.
One of the recommendations you made was that there should be an interest-free loan, or that the minister should guarantee the loss. I want to ask you, what does losing that contribution mean for the domestic television industry in Canada?