Thank you.
Mr. Glick, we live in what I would call a very exciting environment. We live in a world where anybody can be a broadcaster and where anybody who writes a song can make that song available to as many people as they want.
In reference to Adam Smith, one of his famous lines was that supply generates its own demand, and in some ways in the YouTube world, that's very true. People are putting a supply of content onto YouTube and there's a demand for that content. Hundreds of millions of people are viewing it.
It's a challenge to have this discussion about the opportunities that digital technology affords without talking about copyright. Like you, I'm becoming a copyright nerd. Certainly, over the last couple of years, I've had to learn an awful lot about what a lot of people wouldn't consider bedtime reading.
You talked about fair dealing. There's one thing that's very difficult and very challenging. I've talked about the challenges of the CRTC in regard to having been created in the 1960s to create a dedicated Canadian broadcasting market. We now live in a world where you can't put borders around broadcasting because everybody can be a broadcaster, so it's very challenging.
In the world of copyright, you mentioned fair dealing. I think it's important, if we're going to bring in a copyright bill, that we don't have to try to reopen this. Since 1996, when we signed onto the WIPO treaty, we've been trying to get an updated copyright bill passed. Different governments have tried to bring in this bill.
I have to tell you that dealing with fair dealing is a minefield, because there are people on both sides of this. If you look at the issue of fair dealing, how important is it? I know that the U.S. has a system of fair use, whereby you can litigate things and an independent judiciary will determine whether or not something is fair use. But how important is it, in your mind, that any new copyright bill would actually take a look at fair dealing and leave it such that it could be adaptive over time to technology, so that we're not constantly reopening that bill?