Thank you so much, Chair.
I will continue with Mr. Fares from Disney.
First of all, I want to say that I think everyone in this room appreciates the work that companies like Disney do in Canada and the investments into our economy. We know that a lot of people get hired. A lot of the production increases, and it generates more tax revenue. We're very grateful for the work that your company does.
The size of a company like Disney, the impact it has and the fact that it does production and controls a platform as well makes it really difficult for small and medium-sized companies, production companies in Ontario and other parts of Canada, to compete in this space. That's why the Canadian content piece is such an important piece. Companies like Disney benefit. Millions of dollars go back into the company for film and television tax credits from many different provinces.
David, how would you expect small and medium-sized production companies to compete in the same space as Disney in Canada if there are not incentives like the Canadian content incentives and everyone was kept on an equal playing field when companies like Disney have a massive...? A $3-billion spend is incredible over three years, but it also controls the platform.
How do small and medium-sized production companies compete in the same space as yours if there's no distinction between the two?