Mr. Speaker, in addition to creating a dramatic rift in the area of cultural exemptions, the agreement signed this week between Canada and the United States testifies to the federal government's total lack of planning and threatens the Canadian publishing industry.
Does the government realize that, far from saving Canadian publishers, it has betrayed them thereby potentially costing them $300 million in losses annually? How does the government intend to compensate the publishers for these losses, which it has caused?