Thank you. My first question is for Mr. Speer.
You said that right now in the news sector we're seeing lots of new and innovative approaches being taken and that they're largely being driven by market values. You said that this is a good thing and that government intervention is thwarting or distorting that innovation that's taking place.
I'm curious if you can expand on that a bit in terms of the impact that government interventions such as Bill C-18 have on the innovative news sector and its future.