Thank you very much, Mr. Chair.
Thank you, Minister and witnesses, for being here today. I appreciate this. As we work on this important legislation, I really appreciate the opportunity to speak with you to get some more information.
We know that the Broadcasting Act will give us more opportunities in film and video and in the sound recording industries. It is really important to support those jobs and invest in our culture sector, especially today.
I can speak from experience here in the Waterloo region. We have a very vibrant music scene of which I am well aware, and we have very vibrant film and TV film production also going on in the region, including shows like The Handmaid's Tale, Anne with an E, Murdoch Mysteries and others, and a lot of commercials.
I'm hoping you could expand on how updating the Broadcasting Act will generate almost $1 billion in foreign investment per year in our films, our television and our music at a time when the arts and culture sector is disproportionately affected by this pandemic, and on how important the entire arts ecosystem is to our local economies, particularly the tourism and hospitality sectors, which are also hit very hard by the pandemic.