Sure.
Thank you for the question, and thank you for getting Tétrault right previously. We have it all right.
There are changes in the copyright area, and several in the patent area. In the copyright area, the chief one that's been identified is the requirement to amend the term of copyright from 50 years to 70 years of the life of the author. In terms of that context, approximately 90 countries around the world already have protection at 70 years or more, so it's not like this is out of the blue and is reflecting some unique perspective of the United States. It's actually now becoming the international norm.
In terms of the costs of that, which Mr. Geist was referring to—that $55 million—there was a study that was just released by Professors Barker and Liebowitz that looked at the New Zealand study he cited and came to the conclusion that it was seriously flawed. In fact, when he looked at the costs and the benefits, it might actually be of some benefit to New Zealand. So there would be a change.
There are many policy reasons, which I won't get into because of the time—you only have five minutes—that would support the term extension. I dealt with that in a very lengthy blog.
There is another amendment that would be required with respect to rights management information. That has been exaggerated, in terms of what it is. It's actually a very narrow amendment that would create a criminal offence for removing rights management information for profit, in other words, a commercial entity that's facilitating piracy. It's hard to see why, from a public policy perspective, that would be a problem.