As I was with your colleague, I am a bit surprised by what you are asking me. It may have to do with how you see things, but I think it is leading to some confusion. Everything is getting mixed up. The Caisse de dépôt et placement du Québec is being mixed up with CBC/Radio-Canada. Parliamentary credits are being mixed up with tax credits.
We need to be rather mindful and truly honest when we're talking about public funds. Every year, CBC/Radio-Canada receives $1.1 billion or more in parliamentary appropriations. There are other considerations on top of that, tax credits, subsidies and so forth.
CBC/Radio-Canada receives nearly $100 million a year under the Canada Media Fund program. We also receive funding under that program, but we put just as much back in. Quebecor Media probably puts more in the fund than it takes out.
As far as Quebecor Media and the Caisse de dépôt et placement du Québec are concerned, the investment fund is a 45% shareholder in Quebecor Media. So whenever it sells its shares, the fund will get back the money it invested and more. Our relationship with the fund goes back 20 years, and that relationship has always been extremely profitable for the fund. I am confident that will continue in the future.
So, as a Quebecker, you need not worry about Quebecor Media's ability to grow the savings of our fellow Quebeckers.