Bill C-11, I would say, is a major step, because that act had not been modernized since 1991. I always joke about it, saying that I had black hair at the time, but it was true. Also, if you look back, you'll remember that we would go to Blockbuster to rent movies. We didn't have Internet in our homes and we would listen to music on our Walkman. That was the last time the bill was modernized. Streamers didn't exist at the time.
We were working until recently with legislation that was drafted even before the existence of the Internet in our houses, before it was commonly used, so it was an important step, and there was a lot of work behind Bill C-11. You guys had it here for a long time, and it was in the Senate. I think it has a record for the bill that spent the most time in a committee in the Senate in the history of the country, so I think it's been well studied.
I think it's a beautiful compromise. Is it a perfect bill? No, but I think it's a beautiful compromise that is largely supported by the music industry, the film industry and the television industry. Why? It creates a level playing field, and it's going to ask the streamers that....
You know, I always say it, because we do love them. I do. This morning I was working out and I was watching The Mandalorian on Disney. I have Netflix. I have a lot of them, and they make a lot of money, which is good. I'm happy that they make money, but if they come here and they make that much money, they also have an obligation to play by the rules and support the creation of Canadian content.
In the same way that conversations were more difficult a couple of years ago, things have changed. The streamers understand that. You have not seen a lot of resistance recently from the streamers, because they get it. They're playing ball with the government, not only here but in other countries, so there will be more money for music, there will be more money for television and there will be more money for movie creation. I think that's great news for Canadians.