Thank you for your question.
Yes, it's unfair competition because there is currently a double standard in our industry.
On the one hand, Canadian broadcasters are constrained by extremely demanding rules. On the other hand, we have platforms that are not regulated, that are eating into our revenues and taking away our audiences, and that have tremendous resources at their disposal.
Transformational changes need to be made in our industries. We also need to adjust business models to adapt to the market. In the meantime, we are seeing our revenues melt away and foreign platforms' revenues increase astronomically.
I think that, in our society, it is important for private media to be strong. Today, we're in an environment where the public broadcaster is funded and where there's really a steamroller ahead of us, private radio stations. Action needs to be taken. When these rules were imposed on us, those platforms did not exist.
So the system needs to be rebalanced, and it's a matter of urgency. Action really needs to be taken now because, if private media lose their space, who will play that role? Foreign platforms clearly will not.