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In this 2022 update on Canva Licensing, Maria Spear Ollis explains the terms of Canva's license agreement, emphasizing what users can and cannot do with both free and pro content. She outlines that the license covers various content types, including photos, icons, illustrations, video, audio, fonts, templates, and pro music. To check the licensing information for specific content, users should hover over the item and click the info icon in the toolbar. Maria also promises to share an essential overarching rule for content creation on Canva later in the tutorial. The session aims to inform content creators about compliance with Canva's licensing terms.