Looks like the Canadian version of the RIAA, the CRIA (Canadian Record Industry Association), is at odds with it's big brother. They have released a study in which they find
P2P isn't bad for business afterall:
In summary, CRIA's own research now concludes that P2P downloading constitutes less than one-third of the music on downloaders' computers, that P2P users frequently try music on P2P services before they buy, that the largest P2P downloader demographic is also the largest music buying demographic, and that reduced purchasing has little to do with the availability of music on P2P services.