Mr. Speaker, I have two responses. One is that the CRTC is part of Canada's cultural landscape and it has been for many decades. It is a known and trusted institution. It is at arm's-length from the government and it is quasi-judicial with regard to the decisions it makes. We are reusing a known institution that we are comfortable dealing with and that Canadians are comfortable dealing with.
I appreciate the member opposite's perspective, and I am actually a lot older than he thinks. I am 52 this year.
However, the point is that they are also not mutually exclusive. As I have read it, the legislation dictates the need for financial requirements and obligations to be put on large online streaming platforms that are monetizing Canadian content. However, in terms of how that money is paid and where that money is paid is equally something that the CRTC could opine upon and direct the platforms with respect to it.