I'm looking at the project list, and I see quite a few entries for Bell and for Telus. Notably, there are no projects listed in Saskatchewan, Manitoba or Quebec so far.
We have this situation in Canada where the telecoms get special, privileged protection from competition. The federal government protects the large, established telecoms from all kinds of normal competitive dynamics. In return for that protection, they're supposed to give back to Canadians. Canadians pay some of the highest cellphone fees in the world, some of the highest fees for service when compared to most of our major trading partners.
The telecoms are massively profitable. In fact, Bell Canada just released its Q4 results a little while ago. They made $932 million in the last quarter. They made $2.7 billion in profit in 2020. Here we have a situation where these large telecoms are benefiting from their privileged protection from competition. Then they ask for a handout from this government, and your government is writing them cheques. We've seen this kind of corporate welfare under the Canadian Infrastructure Bank just recently. We've seen this kind of corporate welfare when this government gave $12 million to Loblaws and $50 million to Mastercard.
Can you tell this committee exactly how much money Bell Canada has received from the various broadband funds that your department administers?