Yes, that is what we are saying. Under the budget, the rates will decrease beginning in July until late September. The programs could be extended until November, but that still would not be enough, given that this summer will be like last summer—meaning that tourism businesses will generate only a fraction of their usual revenue. They are going to have to rely on local tourists, even though Quebec's tourism industry draws more than half of its revenue from tourists who come from outside Quebec. Tourism businesses cannot make it through the winter on a fraction of their usual revenue. The fall and winter months are when they really need the wage subsidy and rent subsidy programs.
The pandemic hit the tourism industry like a bullet in the heart. Now, it's as though the industry is on the operating table undergoing open-heart surgery. Three-quarters of the way through the operation is not the time to pull the plug. The operation must be completed, and the patient must be given help to get better. That's the point we are at now.
We are incredibly worried about the many businesses that have gone into debt to make it this far. Most of the program supports available, through the Quebec and federal governments, have been loan programs. Businesses have gone into debt to keep their heads above water and will probably find themselves in dire financial straits come the fall.