Broadcasting Participation Fund Inc. Andre Auger, CPA, CGA, CFE Costs Officer and CEO Welch LLP – Chartered Accountants November 2014

Agenda  Corporate Statement of Purpose  Tasks of the Costs Officer  BPF Value Proposition  Risk Management  Some Statistics

Corporate Statement of Purpose The purpose of the BPF:  Provide costs support to public interest groups and consumer groups representing non-commercial user interests and the public interest before the CRTC  Provide efficient and accessible service in English and French

Tasks of the Costs Officer Institution Building:  Define the mission and vision of the BPF  Develop cost award policies, processes, procedures, and funding criteria  Develop official Fund documents and forms  Create the Fund website General and Active Management:  Manage the Fund bank account  Receive and review claims, and prepare recommendations for the BPF Board of Directors  Communicate BPF decisions to applicants  Maintain proper application records

BPF Value Proposition  Quality and Professionalism - compliance with CPA Canada standards - quality assurance regime - annual audit  Timely service - turnaround time in 2013 was days - in 2014, days  Engaging the Community - maintain ongoing communication with applicants  Transparency - all cost awards decisions, the audited F/S, the annual report, all posted on the Fund website

Risk Management Key risks are:  Claimants’ expectations incompatible with the mandate and services offered by the Fund - conduct information exchange meetings with key groups - understand the objectives of the claimants  Independence / credibility - all policies, procedures, forms, and processes aligned with the CRTC telecommunications sector - adhere to professional assurance and auditing standards  Risk of increased operating costs - closely manage operating costs  Length of existence of the Fund

Statistics  Fund net assets - at December 31, 2013 = $4.5M, composed of original contribution of $3M from BCE and a receivable of the next $2M contribution, minus operating costs - the $2M to be received in 7 installments from 2014 to at October 31, 2014 = approx. $4.2M  Operating costs for 2013 = 557K - includes cost awards of $331K  Cost awards for 2013: - 21 claims from 10 applicants for $355, paid claims = $330, denied claims = $21,693

Statistics – cont’d  Cost awards for claims to date from 13 applicants for $754, paid claims = $397, denied claims = $31, claims in process = $321,344 (Let’s Talk TV)  Operating costs for 2014 to date = $928K - includes $755K of cost awards