Mr. Speaker, of course nobody can guarantee success, that is true. What we can do is guarantee failure.
If we do not have some regime which says there is something more than the marketplace and something more than the American marketplace which will be reflected in our public broadcasting, and in our broadcasting system taken together, both public and private, I am not sure that the provision of capital by foreign investors will in any way guarantee Canadian content. Why should it? The people who would be investing, who would take a majority ownership position, would do so not for our sake, but for their sake. They would do so to maximize profit as that is their job, not to serve us in any way, not to have any sense of the public commitment which is implied under the CRTC and the Broadcasting Act.
I cannot guarantee success but I sure can guarantee failure if we take the line suggested by the hon. member. I am glad he is on side for items (a) and (c). That is two-thirds of it and I am looking forward to his support.