Thank you very much, Chair.
Thank you to our witnesses for being here.
I would like to bring up a point. Minister Ritz, when he was in front of committee at the last meeting, spoke about the future possibility of implementing an end point royalty type of system. Although Bill C-18 doesn't legislate that, it does allow for regulations to follow—probably, I would say, after thorough consultation with the sector on how best to put in place a system like that.
Mr. Jones, you as well mentioned in your speech this idea of end point royalties, which is not part of how business is done right now. I'm wondering if you could share with the committee how you would perhaps see a future system such as that, and what process could be used to put in place a system like that.