Mr. Speaker, the Broadcasting Act has not been updated in 30 years, before streaming services even became a part of the way Canadians found their shows, movies and music. It needed an update.
The rules for social media companies and their obligations would be restricted to requiring them to report the revenues they make in Canada, contribute a portion of those revenues back to Canadian cultural industries and to make Canadian creators discoverable. That would be good for Canadian jobs and our Canadian artists.