Monday, January 19, 2026

Latest

Bill C-18: Liberal Government’s Online News Act Becomes Law

Prime Minister Justin Trudeau’s proposed Online News Act that would require social media giants to compensate Canadian media companies for sharing their news content online has officially become law.

Bill C-18, which was first tabled by the Liberals in June 2022, aims to force major social media companies such as Meta and Facebook to pay Canadian news organizations and broadcasters for content shared on their platforms. “The Bill introduces a new bargaining framework intended to support news businesses to secure fair compensation when their news content is made available by dominant digital news intermediaries and generates economic gain,” the government’s explanation reads.

The bill got a thumbs up from the House of Commons in December 2022, and after a series of amendments, the Senate passed the bill into law with a 56 to 22 vote on Thursday.

Tech giant Google argues that the federal government’s move would only provide compensation to large news outlets rather than smaller ones, and won’t hold media companies accountable to journalistic standards, contributing to the spread of misinformation and clickbait. Meta, for its part, doesn’t plan to cater to the Liberal’s new bill, subsequently announcing it will cease Canadians’ access to online news on Facebook and Instagram before the new law takes effect.

The retaliatory move from Meta sends a blow to Trudeau’s government, which has been adamant on compelling tech giants to enter into revenue-sharing deals with Canadian news organizations.

Information for this story was found via the sources mentioned within the article. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Moon River Moly: The Davidson Moly-Copper-Tungsten PEA

Integra: The DeLamar Heap Leach Feasibility Study

Highlander Silver: The Saviour Of Bear Creek Mining

Recommended

NexGen Launches 42,000 Metre Drill Program At PCE While Expanding Mineralized Footprint

First Majestic Hits 2025 Guidance, Producing 31.1 Million Silver Equivalent Ounces, Increases Dividend

Related News

Another Bill C-18 Nail To The Online News Coffin: 4% Tax On News Links

The Canadian government has unveiled the draft regulations for Bill C-18, raising the stakes for...

Monday, September 4, 2023, 03:19:00 PM

Online News Act: Meta Starts Banning Canadian Content On Threads

In response to Canada’s Online News Act (Bill C-18), Meta (NASDAQ: META), the parent company...

Tuesday, December 19, 2023, 12:22:00 PM

Canada’s Government Suspends Advertising on Meta Platforms in Response to News Blockage

The federal government is halting all advertising on Facebook and Instagram in reaction to Meta’s...

Thursday, July 6, 2023, 06:24:00 AM

Google Granted Exemption in Canada’s Online News Act

The Canadian Radio-television and Telecommunications Commission (CRTC) has approved Google’s request for exemption under Canada’s...

Tuesday, October 29, 2024, 11:03:00 AM

Online News Act Aftermath: Meta To Block News Content, Ottawa To Convince Google

In response to the recently passed Online News Act by the Canadian government, Meta Platforms...

Friday, June 23, 2023, 12:39:00 PM