In conclusion, Mr. Chairman, our challenge as regulator is a fascinating one. We aim to interfere as little as possible in the marketplace. At the same time, we're challenged with a very important mandate: fostering the cultural and social objectives of the Broadcasting Act.
In a world that could hardly have been imagined the last time the act was amended nearly 20 years ago, the new digital world, of which broadcasting is only one part, is a world driven by the consumer. In such a world, the old top-down models are increasingly outdated. That includes the old models of regulation. To regulate by controlling access to the airwaves is yesterday's concept. Tomorrow's concept has yet to emerge.
Thank you for giving us the opportunity to express our views. We'd be pleased to answer any questions.