I think the Canadian Television Fund, as it was, offered a happy balance between the audience reached and the quality of the licences granted by a broadcaster to a producer. If the licences were minimal, it wasn't very profitable for it, but if the licence was improved and enhanced, you could go get more money from the Canadian Television Fund. In addition, there was a regional production incentive, a regional enhancement. We thought all these factors were positive. In addition, if you consider its behaviour over the past five years, how it behaved in the case of the acquisition of Canadian content, I sincerely believe it was much more balanced than to claim that only ratings should guide the system. If it's only ratings that guide the system, in Quebec, that will of course favour only one player in the Quebec industry and would of course put the educational and specialty channels at a disadvantage.
We think that the envelope system—which moreover was developed by the APFTQ and presented to the Canadian Television Fund through a Quebec census—was much more balanced and respectful of the missions of each of the broadcasters and genres.