Thank you for the question, Mr. Nantel.
Let me go back to your specific question about the De Gaspé project, where the issue of property taxes is the key one.
Let me give you an idea of the magnitude. When the project began, property taxes for the artists came to about 70 cents per square foot. Today, five years later, they are at $5.06. As a not-for-profit organization, we are meeting the need for access to places that create synergy and that turn into organically into cultural hubs. In another aspect, the city of Montreal and the Government of Quebec provide us with financial support from public funds.