The federal government has put a price tag on how much it would like to see Google and Facebook spend under legislation that requires the tech giants to compensate media companies for Canadian journalism.
For now, Google and Meta's Facebook are the only companies to meet the criteria, though officials said Microsoft's Bing search engine is the next closest to falling under the act. Instagram and Threads won't be captured by the proposed legislation because they have yet to reach 20 million or more monthly Canadian users, officials added.
Companies would be able to satisfy the criteria with both monetary and non-monetary compensation. While the draft does not specify what non-monetary contributions would count, officials said training and advertising could wind up meeting criteria. Google, which St-Onge has painted as more co-operative than Meta, has also threatened to pull Canadian news from its offerings.
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