The Canadian Conference of the Arts provided us with a summary of the financial impact of Bill C-32 on artists and other rights holders. It amounted to $126 million. That may not seem like very much when compared with $1 billion, but it turns out that the $1 billion covers more than just copyright. The percentage is lower.
Potential losses in the education field under the new fair dealing rules are said to total $41.4 million. That is based only on what has already been paid and not on what could be paid under the rules in the current legislation, which might increase.
You tell us that there will be no losses for authors, creators and collective societies. But the committee has received this other information and estimates of losses. The figures are not terribly precise and may end up being a little more or a little less, but there is still an expected loss of $41.4 million from the fair dealing rules.
Do you maintain your position? Do you believe that there will be no changes in copyright?