Thank you, Mr. Chair.
Thank you everyone for being here this morning.
My questions will be quick.
Mr. MacKay, we worked together in the mid-1990s for Sony Music Canada. At that time, two things happened. One was very bad for the music industry and for creators, and the other was very good for creators; one was Napster, and the other was neighbouring rights, which came out at that time, if memory serves.
I think Re:Sound deals specifically with neighbouring rights. It is important to remember that the radio industry in Canada is still protected compared to American radio, for example, when it comes to broadcasts. Broadcasters here have protection. I would like to know if other protected markets have similar rights in terms of paying for the public use of music. Is the cost of playing music on a radio station in Canada a bargain compared to the cost of playing music in other countries?