Madam Speaker, the member for Regina—Lewvan talked a lot about how much money is going to Facebook for advertising, and the previous Conservative speaker mentioned Bill C-18, which is where the rubber hits the road on the point of how we get value out of Facebook and other web giants for that advertising.
In Australia, 81% of their advertising was going to Google and Facebook, and the previous speaker seemed to intimate that their legislation was a failure, but it has produced revenues of over $100 million, it has allowed dozens of journalists to be hired and it covers 50% of editorial costs. That does not sound like a failure to me. It sounds like, for all the money everybody here in Canada pays Facebook and other web giants for advertising, we would get something back out of it through Bill C-18.