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Canadian Heritage committee  As it comes to reduction, we've grown news correspondence by 35% since prior to 2023, and we started a newsroom in the French language in the province of Quebec from scratch in 2021. No one has done this. I can't think of anyone in North America, probably the world, that has done this.

April 11th, 2024Committee meeting

Mirko Bibic

Canadian Heritage committee  No, in terms of the direct question, we've implemented reductions across the entire company for our vice-presidents and higher. There are 23% fewer vice-presidents at Bell since I became CEO and 40% fewer—

April 11th, 2024Committee meeting

Mirko Bibic

Canadian Heritage committee  We dramatically reduced the executive ranks so that we could retain as many jobs across the company as possible. That's what we did.

April 11th, 2024Committee meeting

Mirko Bibic

Canadian Heritage committee  Thank you for the question; it's a very good question. The question doesn't acknowledge the facts that I've shared with you today. We have 35% more news correspondents today than in 2023, so we are investing in news. The question doesn't recognize that we've built a newsroom in Quebec from the ground up, from scratch.

April 11th, 2024Committee meeting

Mirko Bibic

Canadian Heritage committee  May I now answer all these questions? There were several there.

April 11th, 2024Committee meeting

Mirko Bibic

Canadian Heritage committee  Having strong Canadian companies is a fundamentally good thing—

April 11th, 2024Committee meeting

Mirko Bibic

Canadian Heritage committee  Chair, I've not yet had an opportunity to even provide one sentence of an answer, so I'd like an opportunity to comment—

April 11th, 2024Committee meeting

Mirko Bibic

Canadian Heritage committee  I would think that we'd want a strong Canadian company that can continue to employ tens of thousands of Canadians. We employ 40,000 Canadians with good-paying jobs. We are right now faced with an economy where we have difficult foreign exchange with the U.S. Most of our inputs are in U.S. dollars.

April 11th, 2024Committee meeting

Mirko Bibic

Canadian Heritage committee  Our content costs at Bell Media are increasing. We have a—

April 11th, 2024Committee meeting

Mirko Bibic

Canadian Heritage committee  We have a massive productivity issue in Canada, so these are the macroeconomic factors that all Canadian companies, including Bell, are dealing with. We're trying to adapt and adjust so we can continue to grow, which is a very good thing, and so we can continue to hire, retain and employ 40,000 Canadians.

April 11th, 2024Committee meeting

Mirko Bibic

Canadian Heritage committee  Chair, I fully respect the committee's work and my role in answering the questions of the committee. In fact, I welcome public policy discussions. Over my 20-year career in this industry, I've appeared before many committees and regulatory proceedings and industry round tables, and I will always treat this committee and the process with the utmost respect.

April 11th, 2024Committee meeting

Mirko Bibic

Canadian Heritage committee  If you take the 6,300, about 500 or 550 of that total number were in media, and the part II fees issue that you raised in the opening of your question relates to media, not to the broader Bell. We have invested in the broadcasting industry, and we have invested in our people. I mentioned in my opening statement investments of $22 billion in world-leading networks since I became CEO.

April 11th, 2024Committee meeting

Mirko Bibic

Canadian Heritage committee  I wouldn't have the exact figure since 2015 at my immediate disposal.

April 11th, 2024Committee meeting

Mirko Bibic

Canadian Heritage committee  I couldn't tell you that either.

April 11th, 2024Committee meeting

Mirko Bibic

Canadian Heritage committee  For which components? There would have been no wage subsidy dollars in the last year, because we're well past COVID. In terms of the Canada Media Fund, Robert, do you have that information?

April 11th, 2024Committee meeting

Mirko Bibic