Thank you.
Obviously, while Australia is a country of similar media landscape and similar political landscape to Canada, any model would have to be adjusted to local context.
What we like about the Australian model is its simplicity. We don't want to get into a situation where government is taxing and allocating stuff to media, because we've heard from a number of people, particularly a number of deputies, that that's not a way we'd like to go. This really allows the industry and the digital monopolies to negotiate fair terms for compensation. I think that's the thing about the Australian model that is appealing.
The other thing that's appealing about the Australian model is, unlike the French model, which only deals with the compensation for the journalism content, the Australian model has a code of conduct. We've also seen in the last couple days the British government putting forward this idea of a code of conduct. The code of conduct regulates the ad side of it. When Google and Facebook want to change their algorithms, they have to give 30 days' notice. They can't boot things off and change things.
I think what we like about the Australian model is that it doesn't raise taxes and it doesn't deal with government intervening in the marketplace, but it allows a fair market interaction between the platforms and newspapers.