Thank you, Mr. Chairman.
Mr. Lacroix, Mr. Lafrance, thank you for being here.
I certainly got your point about cultural programming, news, and so on, and that you would have to continue providing the basic services that people expect to receive. On the other hand, we are talking about the Olympic Games. I am quite disappointed to see the kind of rules that CTV seems to want to impose on you. You already have a funding shortfall of $171 million, and you have to find an additional $56 million because the Conservatives are demanding that you reduce your spending by 5%. That is exactly what Mr. Lacroix said.