Geist on solving Canada's culture deficit

New article by Michael Geist arguing that the benefits of Canadian authorship are being reaped more outside the country than in -- and that the parties pushing Canada to beef up its copyright protections are foreign media conglomerates seeking to further secure their profits. He argues that a U.K.-like approach to copyright will address these problems, but I confess that I don't quite see how. Will narrower copyright protection promote the growth of a Canadian media industry? Or is the idea to simply to leverage the marketability of Canadian artists to limit the power of extranational media companies? I understand the "fair dealing" issue (similar, but not identical, to U.S.'s "fair use"), but that seems separate from the economic argument Geist is trying to make. (Via Copyfight)