First, I must specify that Festivals and Major Events Canada represents events of all sizes, across Canada. It represents both large events and small ones.
Second, regarding the potential disappearance of festivals and events, I think it will happen. As I was saying, we are about halfway through; this marathon takes time. We still don't know what impact the pandemic will have on festivals and events.
I have spoken to some of our members. There is major disparity in terms of the impact this will cause. Some have large operating deficits, while others are managing to achieve a balanced budget. We are really in a fog regarding the budget. We cannot figure out what exactly is going on with the budget.
As parliamentarians, you have decided to increase the wage subsidy from 65% to 75%, which affects our finances. Similarly, not knowing whether we will be entitled to the wage subsidy after June also has an impact, since we cannot make predictions. We need predictability, not only from public health, but also from the government.