Thank you, Mr. Chair.
And thank you very much to the representatives for being here this morning and this afternoon. It's been a very informative briefing and presentation.
Mr. Beatty, I certainly appreciated your reference to my riding of Kitchener—Waterloo as being an important engine of the national economy, particularly with respect to the high-tech sector, the innovation sector.
I want to start by asking if you could please underscore and summarize why updating and modernizing our copyright legislation in Canada is so critical for fostering innovation in this country. Could you make that link?