I would say I have the same concern you expressed earlier when you asked my colleagues what would happen next.
If you look at the francophone broadcasting ecosystem, the transactions that should have been done were done. As for French-language radio in Canada, mainly in Quebec, there is the Cogeco group, the Bell Média group, to which I belong, and some independents. As Susan mentioned, it would be almost impossible for other transactions to take place unless current CRTC rules were changed.
While FACTOR may be able to plan how it will manage its money over the next five, six or seven years to get as far as possible, for us, with this latest transaction, part of Bell-Astral, part of Cogeco and part of Corus will be no more. After that, if the government does not find a way to increase its funding to Musicaction or if the CRTC does not change its rules, we could have a problem. I am not here to talk politics. As an individual, I may have my proposals and ideas...