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Small Business Banking, Loans & Insights

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Cree/Dene woman prepares to clerk for Supreme Court’s 1st Indigenous justice

Meta to end news access for Canadians if Online News Act becomes law By Reuters

© Reuters. FILE PHOTO: The logo of Meta Platforms’ business group is seen in Brussels, Belgium December 6, 2022. REUTERS/Yves Herman

(Reuters) -Facebook-parent Meta Platforms Inc (NASDAQ:) said on Saturday that it would end availability of news content for Canadians on its platforms if the country’s Online News Act passes in its current form.

The “Online News Act,” or House of Commons bill C-18, introduced in April last year laid out rules to force platforms like Meta and Alphabet (NASDAQ:) Inc.’s Google to negotiate commercial deals and pay news publishers for their content.

“A legislative framework that compels us to