Thank you.
There is a transition period during which the Government of Canada, for an initial period, will transfer the funding for CATSA to the not-for-profit private sector entity that is being set up to run it.
After the transfer period, that entity would directly collect the ATSC from passengers, so the money will no longer come into the government and go back out. It will go directly from passengers, through the ticket, to the new entity. At that point, precisely 100% of what is collected will go to the entity. In time, the government will transfer to the entity what it is currently providing to CATSA to maintain operations, with the regular escalation for volume, etc.