I agree that there needs to be some latitude between non-profits and for-profits co-existing, and even some policy—and that's obviously down to legislation to, I think.... I guess I would describe it as loosening the reins a little bit, just because of the narrowing of the gap between the non-profit sector and the for-profit sector in certain instances.
For example, with the National Music Centre, one of the things we have seen within cultural districts, certainly in North America, is the relationship between live music centres and the clusters of tech companies that surround them. It's no secret, I think, to most people that [Technical difficulty--Editor] Austin has the largest concentrations of tech companies anywhere in the world, and they are also the live music capital of the world, because we've seen a relationship between tech workers and companies in the creative sector wanting to be close to that kind of vibrant music scene.
In the case of National Music Centre, I think that when the building Canada fund provided $25 million under the previous government for this particular project, there was a real restriction in the guidelines of the money, which could not be used to fund our live music venue here at the National Music Centre because it wasn't considered a core charitable activity of the National Music Centre. The National Music Centre is a charitable organization registered under the CRA. [Technical difficulty--Editor] We were quite motivated to go to the CRA and really argue this point, because we felt that, as a music organization, being able to present live music within a club environment was an important activation and a way we could incentivize others to locate within this hub and neighbourhood.
I think that's one thing we certainly learned throughout the process of working through the bill [Technical difficulty--Editor] that I would very strongly recommend you consider creating a little bit more latitude, because as a charitable organization, presenting live music—given our mandate—is a very important part of who we are as an organization. It has a direct link to certain investments in the for-profit sector that otherwise may look elsewhere within a given district to locate. That's a real concrete example I could give you to think about for consideration.