Mr. Speaker, I want to thank my colleague for his great presentation and understanding. He is also on the finance committee.
Earlier one of my colleagues across the way was talking about one of the reasons that CBC lost the ability to continue to televise Hockey Night in Canada, which all of us are familiar with: that there were what my colleagues deemed to be cuts to CBC. If I understand it right, and maybe you can help me, it gets $1.1 billion or somewhere around there in subsidized funding from the Canadian taxpayers, yet a private company that does not get any subsidies will be televising Hockey Night in Canada.
I am wondering if you can help me try to understand how CBC would lose it when it is being subsidized with so much money.