The future of regional journalism rests on [Technical difficulty—Editor].
[Technical difficulty—Editor] innovation. The media must continue to evolve, adapt their formats and invest in digital technology in order to reach audiences wherever they are. [Technical difficulty—Editor] traditional formats, but rather enriching them. Radio, for example, remains a powerful medium in the regions. It can naturally integrate into new platforms.
Second, proximity is our greatest strength. No algorithm can replace the [Technical difficulty—Editor] relationship of trust built up over time with the public. The future belongs to media outlets that can remain deeply rooted in their communities.
[Technical difficulty—Editor] can't be built without a favourable environment. The public broadcaster, Radio‑Canada, currently benefits from such considerable financial resources that it has become virtually impossible [Technical difficulty—Editor]. This poses an obstacle to the recruitment of journalists. For its part, independent television in our regions receives generous contributions for independent television news. Meanwhile, the new radio news fund remains unfunded, given the elimination of the digital services tax. In some regions, even subsidized community radio stations have more financial resources than private radio stations, leading to unfair competition.
Public policies have played a role in ensuring a level playing field among local players, subsidized players and large international platforms, which remain unregulated. The funding of journalism, access to digital revenue—including Canadian government revenue—and the recognition of the role of regional media must remain priorities. It isn't right that the Canadian government funds print media journalism through a tax credit, while electronic media such as radio stations must remain on the sidelines. [Technical difficulty—Editor] situation in its latest budget.
At Groupe Radio Simard, we firmly believe that the regions aren't on the fringe of the news business. They're at the heart of it. [Technical difficulty—Editor] our regions shape the Canada of the future. We can't let only national content reach people in the regions, nor can [Technical difficulty—Editor] source of local and regional references for our communities. Investing in regional journalism means investing in the democratic, economic and cultural vitality of our country.
In closing, remember that the future of the media won't be [Technical difficulty—Editor]. [Technical difficulty—Editor] will be determined by our collective desire to preserve quality information and a diversity of voices accessible to everyone, everywhere [Technical difficulty—Editor].
[Technical difficulty—Editor] is just as important.
Thank you for your attention. We're ready to answer your questions.
