International Trade committee  Thank you for the question. It is still very early. The decision in terms of the 5% was only made earlier this week. Our members are still working through what this means. For our members, as you would imagine, I'm unable to talk to what their individual strategies would be on such matters as pricing.

International Trade committee  Yes, please. Thank you. DiMA's members, and comments made by numerous U.S. and Canadian stakeholders—including the U.S. Chamber of Commerce, USTR, U.S. lawmakers, academics and other experts—indicate that introducing a 5% tax that forces U.S. and international companies to pay into a fund they cannot access creates a risk of this becoming a trade irritant.

International Trade committee  My response is on behalf of the music streaming companies, but I think your question applies to video production as well. Our members have invested really significantly in teams and lots of infrastructural investments to support music streaming in Canada. That's all because consumers want access to Canadian music.

International Trade committee  I'm sorry; I'm not briefed on that issue. I'd be happy to follow up afterwards. I'm able to talk about the Online Streaming Act

International Trade committee  No.

International Trade committee  My members will almost certainly have strong views on that. I'm not briefed to mention that today, but I'd be happy to take the question back and come back.

International Trade committee  We're raising a concern that if this does continue and feeds into the CUSMA review, it could impact other industries.

International Trade committee  Correct. I was raising the fear that there will be ramifications on other sectors. The reason for mentioning those groups was simply that they're on this panel with me here today. There's been no dialogue with them. There's no research into whether they would be directly targeted.

International Trade committee  My response relates to music streaming specifically. As outlined, we do see trade problems with the Online Streaming Act.

International Trade committee  I'm not a trade expert. My testimony today is to raise the concern that we're seeing from our members and a number of trade experts, a concern about this very recent decision. The decision was only made this week, so there's a lot of gathering around as to the implications of it.

International Trade committee  Of course.

International Trade committee  Yes, of course. They're only used by way of example. Obviously, we are keen that the future trade discussions be as smooth as possible. It's everyone's objective, so we are just flagging this as an emerging problem. It wouldn't be for us to comment on how that could impact the future CUSMA review, but I mentioned some other parties because they're on the panel here today.

International Trade committee  Madam Chair, members of the committee, and committee clerk, thank you for the opportunity to testify before you today on this important subject. My name is Graham Davies. I'm president and CEO of the Digital Media Association, or DiMA. I'm sorry that the timing has meant that I'm unable to be with you in person today.