Thank you very much, Mr. Chairman.
To begin with, Valerie, I am delighted once again to hear of the success of the Canada Media Fund. Obviously it's critically important to creators in this country, and I think the value of these types of funds has been demonstrated. I also think it's a very forward-looking fund.
When last we spoke, you were preparing a report on, or working on, the allocation of the digital component of it. Have you made any progress that you could report to the committee?