Mr. Chair, there is a process and these transactions must go through the Competition Bureau as well as the CRTC.
The Competition Bureau looks at the marketplace and looks at the economic development of the industries. The CRTC has the primary responsibility regarding Canadian content. There is a clear set of principles and it is based in the Broadcasting Act.
The CRTC will review every transaction of this kind and ensure that the results end with a benefit to Canadians and also ensure that we have a strong Canadian content presence in our media sector.