Thank you, Mr. Chair.
Thank you to the witnesses.
I'm going to ask a fairly broad, high-level question to both witnesses. Other jurisdictions are a lot further ahead when it comes to regulation, and there's a vacuum here. In that sense, there's a debate, obviously, about to what extent, in broad terms, regulations should be grounded based upon the precautionary principle to everything up to post-deployment monitoring.
We can look to the EU with its Artificial Intelligence Act, which has had a challenging rollout, arguably, in terms of being critiqued as overly burdensome, with overly high compliance costs. Arguably, Bill C-27, the Canadian model that never came to be, was more restrictive than the EU, insofar as the EU model, the EU act, has greater carve-outs. The U.K.'s regulatory framework is a little more flexible. Then there's the U.S. approach, and there are others. There are ranges there.
I'd be, in very broad terms, interested in your comments on some of the pros and cons of regulations imposed in other jurisdictions.