I don't know if the track record of the Canada Media Fund has necessarily made it the horse we'd want to back. The core of your question is, wouldn't it be better to subsidize Canadian content rather than regulate the system so heavily? That's something I've always thought would be a better model. It's the model that most countries use. Most countries tend actually to give a lot of money to their public broadcaster and then let the private guys basically do what they want. In Canada we have a substantial public broadcaster and we have a bunch of funds and we have a lot of regulations too. It may not be the optimal model in Canada.
On November 25th, 2010. See this statement in context.