Thank you very much.
Mr. Reeb, the government keeps telling us how much we need Canadian content. Corus is actually a gigantic Canadian content factory. You produce not only news but also documentaries and historical productions. You have one of the most, if not the most, impressive animation studios in all of Canada. You are literally cranking out an endless supply of Canadiana through your enterprise at Corus. Yet far from helping Corus, this government, and governments historically, are imposing massive regulatory and other governmental costs on your operation, costs that your inevitable international competitors do not face, in the form of heavy regulation, restrictions on the types of investments you can take, and the requirement that you give some of your air time to content that your viewers and listeners don't want to hear or see.
Some on the left would simply say the solution to that is to impose all of these massive, cumbersome regulations, rules and taxes on your global competitors, but of course, there are some things that we cannot do beyond our borders, and it is impossible to stop the leakage of entertainment and other content across our borders because Canadians have the freedom—thank God— to watch and hear whatever they want. In other words, it's not possible to pick up this monstrous regulatory apparatus that we impose on Corus and impose it on the whole world.
Can you describe the enormous costs and disadvantages that Corus faces as a result of the governmental apparatus that you must navigate just to provide Canadians with the content that they want to receive?