CBC/Radio-Canada will get no more than a $7-million share of the annual fund, while another $30 million at most will be reserved for other broadcasters, according to final regulations released Friday that will implement the Online News Act. Independent news outlets and outlets from Indigenous and official language minority communities must also benefit from the fund, the regulations said. The reaction in Canada's news industry was mixed as the government rolled out its final regulations. Even before the Online News Act became law, Google was offering to pay news businesses $100 million annually. The only companies big enough to fall under criteria set out under the Online News Act are Google and Meta.

Source: CBC News December 15, 2023 15:54 UTC