Mr. Beaudoin, in your presentation, you mentioned the separation of telecommunications and broadcasting. Technically, you're correct. In actual fact, everything is virtually integrated. Everything is increasingly integrated. Bell, which in principle is a telephone company, is evolving, buying CTV and is now engaged in broadcasting and production through what CTV does. The best example is Quebecor, which is involved in cable distribution, owns a television network, TVA, is engaged in production and also owns a series of print media concerns.
How can we really think all that can be treated differently when it's all integrated?