Canadian Heritage committee  —and the investments that we make in U.S. programming or foreign programming generate significant advertising revenue that we can then use to fund programming: Canadian programming like Sullivan's Crossing, Sight Unseen, Children Ruin Everything, Acting Good, Little Bird, The Trades, Late Bloomer, Shoresey, Letterkenny—

Canadian Heritage committee  Madam Chair, I do need a little bit of time to respond to some serious allegations here. There are serious issues that are being raised. I would like a bit of time. I won't take too long. We are making sure that we deliver more stories to Canadian viewers. As far as it relates to the noon hour newscasts that were cancelled, the ratings have been down by 43%.

Canadian Heritage committee  There's $300 million invested in news every year.

Canadian Heritage committee  Thank you. It's $1.7 billion that we invest—

Canadian Heritage committee  —Amazing Race Canada, Highway Thru Hell, Timber Titans—

Canadian Heritage committee  I want to thank the honourable member for his significant contributions to CTV over the decades. It's acknowledged and appreciated. We deliver news: 20,000 hours of local news to Canadians every year, and 25,000 hours of news on CP24, BNN and CTV News Channel.

Canadian Heritage committee  The playing field must be levelled to ensure the viability of the Canadian media ecosystem and news production. Web platforms should be required to contribute. The federal government should invest more in traditional Canadian media so that they can evolve. That would allow us to reinvest—

Canadian Heritage committee  I'm here in good faith, and that's what we're doing: We launched Noovo Info. I would like to do more—

Canadian Heritage committee  Madam Chair, I will communicate with the clerk to get the information as it relates to that specific situation, as well as the customer to which the honourable member referred. As for Bell's investments in Manitoba, we made a commitment when we acquired MTS to invest at least a billion dollars, and I'm proud to say that we've invested well above that.

Canadian Heritage committee  We have heard them.

Canadian Heritage committee  Madam Chair, very quickly on that, I'd encourage all members to review the transcripts of our appearance at INDU on March 18. We categorically laid out the facts showing that our pricing is very competitive. It has declined dramatically. The premise of the question no longer holds.

Canadian Heritage committee  Yes, but I'm giving you a sense of which ones are new.

Canadian Heritage committee  We have the journalists that we have, and that has grown to the extent that I've shared with you. Their mandate is to cover news stories as they break, where the news happens, and to make sure those stories are filed and delivered the way consumers and/or viewers want to engage with that news.

Canadian Heritage committee  It's an industry that's under tremendous stress—

Canadian Heritage committee  The news division is operated under CTV Network, and the CTV conventional stations lose $185 million a year. Our advertising revenues declined $140 million from 2023 compared to 2022. There's only one revenue stream, and it's advertising. When the federal Government of Canada, which is one of the massive advertisers in the country, spends 70% of its advertising budget on digital platforms, which predominantly goes to Meta and Google, it creates massive stress on the entire media ecosystem.