Thank you, Madam Chair.
I'd like to go back to the significance of the news content that can be found on platforms like Meta.
In terms of circulation, 3% of content searched for by users is news. You said that there were 1.9 billion clicks on news content over the past year, and added that the free marketing was worth a total $230 million. So you're admitting that there is a value attached to this content.
My question is more about Meta's interests further to the adoption of Bill C‑18. You mentioned earlier that contracts had been signed with 18 news organizations and I find that positive. Moreover, I think it's interesting to note that although you're not really interested in news, you are nevertheless signing commercial agreements with news companies. This nevertheless raised some questions that need to be asked.
If Bill C‑18 is adopted, will initiatives to support local journalism continue? Will these contracts continue? Is Meta going to remain interested in quality journalism content, particularly local?
Unfortunately, you only have a few seconds to answer, because I don't have much speaking time.