The question is indeed very relevant. I can tell you that deficits are very significant in all festival organizations for the reasons I've given you. Everyone had started spending normally between September or October 2019 and March. So there are significant deficits.
People at the Stratford Festival have even said so publicly. We're talking about a deficit of over $20 million. Across Quebec, festivals and events are reporting deficits in the order of $500,000 to $1 million. This is a ball and chain for the economic recovery.
We can well imagine that from the moment we can hold festivals and events again, if we are running deficits, we will be required to make reduced editions, when we would need improved editions. This is counterproductive.