Mr. Speaker, the letter that I sent to the new president of the CBC yesterday contained more than just an announcement that the cuts decreed by the previous government would not be rescinded. First, we indicated clearly that we would do everything we could to ensure that the CBC continued to flourish in spite of the cuts.
Second, we agreed to a long-standing request from the corporation, namely that it be allowed to borrow money. In the past, this request had always been denied. Third, we indicated that we would look for other sources of funding which would help the CBC to flourish. Therefore, to view the announcements only in a negative light is unfair. The new president of the CBC acknowledged that there was also a positive side to our announcements.