Thank you, Madam Chair.
Mr. Péladeau, I was a bit surprised by the tone of your presentation. You came across as if you were under siege, a bit as if the rest of the world was ganging up on you. For a moment, I almost forgot that you were at the head of the largest media empire in Quebec and Canada, a media empire whose political stance is rather clear. It's an empire that is rarely subtle and visibly eager to please the current Conservative government. You presented a vision of things that is a bit Manichean in my opinion. It creates a contrast between the mean crown corporation, heavily subsidized by taxpayers, and a private company that is trying to do its work, information broadcasting, and is part of the forth pillar of democracy.
However, CBC is a public service and not a competitor. It's part of another category of stakeholders in the country's information and programming market. It has a specific mission that private broadcasters do not have, such as providing a service in English in Saguenay or in French in Saskatchewan, for instance. That's a role that I think private broadcasters don't have. The corporation has additional obligations in terms of services, but also in terms of programming content. Since 1952, CBC has had to draw at least 35% of its funding from market profits. I think that's what you take issue with. You see CBC as a competitor that steals your advertising dollars. You, on the other hand, are a real entrepreneur that is trying to do its job and carry out its private broadcasting mission.
For the benefit of the committee and those present, could you remind us what percentage of Quebeckers' savings was used to build Quebecor Media, which is the source of your empire's expansion? How involved in Quebecor Media is the Caisse de dépôt et placement du Québec?