Thank you, Mr. Chair.
I want to thank all of our witnesses for their testimony today and for their expertise in helping us do a proper job of reviewing the Copyright Act.
I'm going to start with CARFAC. I know you had some very firm views on the artist's resale end of things. We have data from analysts showing that over the past number of years, the money generated by the visual and applied arts has increased, while the median income of painters, sculptors and other visual artists has decreased.
How would you explain that data? Is it simply that there are so many more artists that the increase in money being generated is just being split by more people?