The third piece is transparency. We have to ensure that the terms of these deals are subject to rigorous regulatory oversight and as much transparency as the industry will bear. That ensures that these negotiations don't fall into the trap we're in now, where secret deals are made between publishers and platforms and no one has an idea of whether they are fair or whether they are delivering for the public or not.
This bill is not a perfect solution. It's not a permanent solution, but it matters. This is real money for real journalism that restores fairness and transparency in this market. Laws like this are going to be made all around the world. Canada, in my view, has an opportunity to lead and set a high standard that will deliver for the Canadian public and set an example for others to follow.
Thank you very much.