Thank you very much.
I'll add my congratulations to those of others who have gone before.
I don't think it should necessarily be surprising that Mr. Shaw would argue that this should be more market-driven: it's the business he's in. I also think it's also critically important for us to push back on that instinct, because it's a very sparsely populated, big country with lots of diversity in regions and all kinds of considerations such that, left purely to market forces, I wouldn't see much of my part of the country in this realm.
This brings me to the objectives of the fund and whether or not the CRTC's recommendation that more emphasis be placed on audience.... Can that be batched with the objectives of the fund to your satisfaction? That's one question.
To go backwards a little, the first question I wanted to ask and simply forgot in my reaction to the interventions around Shaw is: do I understand your position to be that you do not believe it's necessary to have two streams, but that if somebody decided that were going to happen you would also recommend that there continue to be a single board?