Thank you, Mr. Chairman.
I had an interesting tour today. I went through Ericsson in Ottawa west and saw some of the things they're working on. It really is remarkable to see how much power is going to be put behind the devices that we're using every day, the speed at which these are going to be able to operate, and the quality of the broadcasts that will be available. It's really quite fascinating.
They expect the total number of connections to the Internet to increase to 50 billion by the year 2050, with multiple devices owned by everyone connecting in many different directions. I think that's the challenge: how do we take advantage of the 50 billion connections that are thought to be possible by 2050? That's what we're really talking about here today.
Mr. O'Hearn, the Association of Canadian Publishers has been quite clear and quite strong in its support for modernizing the Copyright Act. I know that if we go back for generations, the profitability of the industry was always based on selling the book. You needed to have content to make a book, but the profit was all made on the sale of the book.
How do we get from selling the book to selling the content and making sure the industry works for both the authors and the publishers? Ultimately, how do we advantage Canada in that fashion?