Online News Act could see Google, Meta pay combined $234 million to Canadian media

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WNews 1 Min Read

The federal government has put a price tag on what it would like to see Google and Facebook spend under an act requiring the tech giants to compensate media for news articles.

Federal officials estimate Google would need to offer $172 million and Facebook $62 million in compensation to satisfy criteria they’re proposing for exemptions under the Online News Act.

Draft regulations released by the government Friday outlined for the first time how it proposes to level the playing field between Big Tech and Canada’s journalism sector.

“The goal of it is to make sure that those that benefit the most from the

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Reading: Online News Act could see Google, Meta pay combined $234 million to Canadian media

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