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Canadian Heritage committee  Actually, resale rights are not offered at the primary level, they are offered at the first resale. What is very important is the issue of selling at a loss or at a profit. The resale right, if it is to be applied, is from... The models differ. For example, in California—the onl

October 30th, 2018Committee meeting

Émilie Grandmont-Bérubé

Canadian Heritage committee  I don't think it's about communism. From the outset, this is a measure that has an extremely negative impact on the market.

October 30th, 2018Committee meeting

Émilie Grandmont-Bérubé

Canadian Heritage committee  In reality, it is 5% more. However, the impact on a fragile market like Canada's is much more serious. That's quite significant, to be honest.

October 30th, 2018Committee meeting

Émilie Grandmont-Bérubé

Canadian Heritage committee  Tracking it would be difficult, and also finding the artist. There are a lot of administrative issues that are very costly indeed.

October 30th, 2018Committee meeting

Émilie Grandmont-Bérubé

Canadian Heritage committee  It's the AGAC position that the very best way to make sure that the socio-economic conditions of the artist get better is to have a healthy art market. We don't have a very strong art market in Canada. You are absolutely correct in saying that we make other nations very envious

October 30th, 2018Committee meeting

Émilie Grandmont-Bérubé

Canadian Heritage committee  That's the project that CARFAC has put forward. Basically, every time a work of art is resold, there is a 5% fee that would go back to the artist. As a representative of the art market and especially the primary market, where we work really closely with the artist, I would say t

October 30th, 2018Committee meeting

Émilie Grandmont-Bérubé

Canadian Heritage committee  Do you mean Own Art in the U.K.?

October 30th, 2018Committee meeting

Émilie Grandmont-Bérubé

Canadian Heritage committee  I will switch back to French. This program, which encourages the acquisition of works of art by living artists, is managed by the arts council and funded by the national lottery. It offers interest-free loans for 10 months to acquire works of art by living artists. It is an ince

October 30th, 2018Committee meeting

Émilie Grandmont-Bérubé

Canadian Heritage committee  I would say that the U.K. is among the most interesting and proactive in terms of promoting acquisition of works of art. There's the idea of tax exemption, a like-kind exchange. If collectors sell a work of art and make a profit, and reinvest that profit in the community right a

October 30th, 2018Committee meeting

Émilie Grandmont-Bérubé

Canadian Heritage committee  Good afternoon. My name is Émilie Grandmont-Bérubé, and I own a contemporary art gallery in Montreal. I'll make my presentation in French, but please feel free to ask your questions in English. Perhaps it will help refresh my English a bit. I am on the board of directors of the

October 30th, 2018Committee meeting

Émilie Grandmont-Bérubé