From our perspective, it is a good deal. It contains important elements for the innovation industry. For example, there are limitations on liability for Internet platforms that host third party content, without which the Internet.... It's a fundamental part of the ability of American Internet companies to exist and thrive. Otherwise, from a legal and liability standpoint, it just wouldn't work. That is in the agreement, and that is good.
Also, there's limitation.... There are no data localization rules. That is good. There's a limitation on duties for digitally purchased goods, and that is good for all of our industries.
In terms of Canada, we would not have been in favour of the extension of copyright term. We believe the focus should be on incentivizing new works and that the public domain is a hugely fertile and dynamic area for new innovation. It's a building block for new innovation and should be protected and extended.
Also, we would have been pleased with a specific mention of fair use in the agreement because we believe that fair use is important. On the whole we believe it is a good agreement for the creative industry and a good agreement for the innovation sector.