OTTAWA, ONTARIO--(Marketwire - June 29, 2012) - Today, the Honourable Christian Paradis, Minister of Industry, and the Honourable James Moore, Minister of Canadian Heritage and Official Languages, announced that new legislation designed to modernize Canada's copyright laws has received Royal Assent.
"Our Government recognizes the critical role that modern copyright laws play in protecting and creating jobs in Canada's digital economy," said Minister Paradis. "We have delivered on our commitment to modernize Canada's copyright legislation and strike the right balance between the needs of creators and users."
"This is the most comprehensive effort to modernize our copyright laws in over a decade," said Minister Moore. "It is widely supported by creator groups, consumer organizations and the businesses that drive Canada's economy."
A critical element of the Copyright Modernization Act is the requirement that Parliament revisit the Copyright Act every five years. This will serve as a reminder to current and future Parliaments and governments of the important role that modern and updated copyright laws play in our economy.