I think there are a lot of concerns about its impacts on user-generated content. I think those are valid concerns. Mr. Geist has made them. Ms. Fortier has voiced those concerns.
We are not in favour of the regulation of user-generated content. In fact, as a company, we've invested in a user-generated content network called Kin Community, which helps connect Canadian creators who work across social media platforms, YouTube, etc. with advertisers to be able to monetize their work to global audiences.
We're very supportive of that kind of innovation and that kind of business and we don't want to see further regulation of user-generated content.
The challenge, of course, is that there are very blurry lines in terms of when something crosses into the professional network world. We've had 30 years since the last time the Broadcast Act was updated, and legislative change in this country is clearly very hard. I'm not saying that we need to just turn over blanket powers to the CRTC to be able to regulate as it pleases, but the CRTC already does have thresholds in its licensing process. If you have a certain number of subscribers or a certain amount of revenue, then you're subjected to a higher licensing threshold by the CRTC in the traditional space. We would encourage the discussion of those kinds—