I can speak for Musicaction, the francophone component that receives funding.
Musicaction receives contributions from two sources. Firstly, it receives public funds through the Canada Music Fund. That's why we are here today. It also receives private funding. Up until now, these contributions are essentially based on radio revenue and what is called tangible benefits. This means that when there is a transaction between two broadcasting groups, Musicaction receives a grant for a seven-year period.
In both instances, revenue is declining. Broadcasting revenue has been experiencing downward pressure for several years now. When the CRTC has completed its consultation process, platforms should be paying out the contributions received. However, we don't yet know what the level will be, when it will happen, or what conditions might be attached. At the very least, it would restore a degree of equity between radio stations and the platforms in terms of music distribution. It would therefore contribute to the development of Canadian content.
It's really the private funding side that is declining at the moment. This once again demonstrates why Canadian Heritage should increase the funding allocated to the Canada Music Fund.