Thank you.
Mr. Péladeau, thank you very much for your submission. I'm very interested in what you had to say. As you mentioned earlier, there are varying degrees of differences from the prior witnesses from Rogers. I'm not quite sure if you're at opposite ends of the spectrum. Nonetheless, what I want to zone in on is the issue of the fund itself, the local programming improvement fund. Would I be right in saying that the local improvement fund is a model that you would embrace before getting into regulatory changes such as fee-for-carriage?