Thank you, Mr. Chair.
I will share my time with my colleagues.
I want to begin by telling you that we are very aware of the huge amount of information we need to understand, at various levels. Distinctions need to be made between such terms as publishing and record company. The issues can be very complex.
We all agree that music makes all the difference. The song Happy is currently experiencing tremendous success around the world. We can see how important of an anthem a song can become. This song is generating revenue. However, that is not the case for a young artist like Mr. Faber, who appeared before us two days ago. He has had three or four hit songs in Canada, one of which reached second place on the charts, but despite everything, he says he has to continue working in construction.
My question for you is specifically about the contemporary marketing of music. Clearly, its production and its critical mass of specialists or creators have been successful, and you are here to tell us about that.
Earlier, Mr. Daigle said that the Internet had a mitigating effect. I have two questions about that.
Mr. Murphy, you mentioned earlier the loss of the Creators' Assistance component. Mr. Daigle and Mr. Murphy, I would really like to hear your thoughts on that, as I would like to understand what kind of a relationship will be established between SOCAN and publishers in light of that funding cut.
The CMPA representatives may also have an opinion about tariffs on streaming. The song Happy is heard everywhere billions of times a day. Even though the singer receives only very small amounts of money every time his song is played, that still translates to millions of dollars. However, for a Canadian artist like Mr. Faber, that translates to a $17 cheque at the end of the year.
Perhaps we should give the floor to Mr. Murphy, since this is a more complex question. Mr. Murphy, I would like you to be fairly brief, so that we can still hear from the other witnesses. Since you are far away, you may go ahead.