Certainly, Mr. Shields.
I think you raise a valid concern, that none of us wants to see a giant monster created at the CRTC. There is risk in this bill that this might happen, because it does give greater powers to the CRTC to determine many of these issues.
We think the simple fact that this starts the process of levelling the playing field and reduces this untenable competitive discrepancy between Canadian broadcasters and foreign broadcasters is reason enough to support it. Once it's brought in, there is no need for the CRTC to turn into a giant monster. Yes, it will be given new regulatory powers, but those regulatory powers should be applied with a light touch to the foreign players, while actually reducing the touch that they have on Canadian broadcasters.
As we said before, if you have a situation where you have Canadian broadcasters with this 30% level of required spending and foreign broadcasters at zero, there's no reason they can't somehow meet in the middle without having to increase the overall level of regulation in the system. As an operator, we find that the current level of regulation reduces our competitiveness, not only domestically, but internationally.