I would say that in the start-up phase, it doesn't matter if you're a digital start-up or any new business in any industry, you're going to have your challenges finding the resources to scale. Yes, there is some truth to that, but there are many examples of digital innovators who have the ability to still do investigative journalism. They've built their business model being able to monetize off of platforms.
However, as I mentioned, legislation like Bill C-18 basically pushed Meta—which owns two of the platforms that Canadians utilize the most—out of the room. That put up a major roadblock in terms of monetization. That impacted digital media companies, which are the future of this ecosystem, and put them more at risk. It has impacted the ability for growth, the ability to tell more stories, the ability to expand and the ability to reflect more Canadians. It's had a whole negative impact on the industry.