There's another issue that I've talked to you about a few times in recent weeks or months. It concerns the independent local news fund, which is suffering greatly from a shortfall following the acceptance of Global TV stations as recipients of this fund.
In good faith, I think the CRTC thought that the digital giants would make their contribution and that this would replenish the fund so that everyone could continue to receive the same financial support. However, as we know very well, the digital giants are laughing in our faces. Nothing is moving forward with them. I don't see a foreseeable future where the GAFAM companies would contribute without fighting all the way to the highest court to challenge everything we want to put in place.
So there are regional stations in Quebec and Canada that are on the verge of closing—news stations that are often the only truly local voice providing information. They're going to close because this fund is essential. They're not asking for the moon; they're not asking for billions of dollars; they're simply asking for support until the GAFAM companies make their contribution. However, we don't see any of that in the economic update. Yet it would have saved their lives. They're a bit disheartened to see that there's no support or response from your team in this regard.
Can you give them a little hope?
