Prime Minister Justin Trudeau’s government released new details of a law that tries to force technology companies to pay news providers, but Meta Platforms Inc. said it will continue to block users in Canada from seeing news stories on Facebook.
Draft regulations published Friday say Meta and Alphabet Inc. would need to pay news outlets a minimum of 4% of their annual revenue in Canada in return for carrying links to news articles. That means the law compels Alphabet’s Google to pay about C$172 million annually to the news industry in Canada, while Meta’s Facebook would need to shell out C$62 million per year, according to the government’s estimates.
Facebook has already blocked users in Canada from posting or seeing links to news stories — cutting off an important source of web traffic for a number of news companies. A spokesperson for Meta said the draft rules will make no difference. Alphabet has also threatened to cut off Google News links in Canada. A spokesperson for the company didn’t immediately respond to a request for comment.
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