Canada expects Google and Facebook to start paying publishers between CA$100-150m (up to £88m) a year as its government prepares to launch Australia-style regulation on the tech giants in 2022.
By William Turvill, Press Gazette
Prime minister Justin Trudeau has pledged to introduce a news media bargaining code for Canada within the next two months. And senior industry sources spoken to by Press Gazette expect the legislation to come into force by the summer or early autumn.
Like Australia, Canada will seek to compel Google and Facebook to pay news publishers for the use of their content. It will grant collective bargaining powers to Canadian publishers, and will threaten platforms with compulsory arbitration if they cannot agree deals with news companies.
If and when the law passes, Canadian news publishers will expect to start striking valuable, long-term deals with the technology companies.