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In this 2022 update on Canva licensing, Maria Spear Ollis discusses the key elements of Canva's latest license agreement regarding the use of free and pro content. She explains that the agreement covers various materials, including photos, icons, illustrations, videos, audio, fonts, templates, and pro music. Maria emphasizes the importance of utilizing the info icon in the toolbar to check the usage rights of specific content. She promises to share a crucial overarching rule for creating content on Canva at the end of the tutorial, making it clear that understanding these terms is essential for content creators and online brands.