Live news: CRTC should regulate Facebook, Instagram once Online News Act takes effect, minister says
Heritage Minister Pascale St-Onge says Canada’s broadcasting regulator should look into regulating Meta Platforms Inc. when the Online News Act comes into effect, as users find loopholes to share news on its platforms.
Meta began blocking news on Facebook and Instagram when Parliament passed the law this summer, arguing that will put it in compliance with a bill that requires tech giants to pay up for shared media content that helps them generate revenue.
But news remains accessible on Instagram for some Canadian users when they view posts from media organizations using an internet browser on their phone or computer.
Users have also found other ways to share news stories on Facebook and Instagram, by direct messaging news links, sharing screenshots of articles and shortening news links so they can appear on stories, which are photos and videos that disappear after 24 hours.
The Online News Act compels Google and Meta to enter into compensation agreements with news publishers, and Google recently struck a $100-million deal with Ottawa following months of negotiations.
St-Onge says the Canadian Radio-television and Telecommunications Commission should absolutely regulate Meta, and she can’t wait to see what the regulator will do with regards to Meta once final regulations come into effect by Dec. 19.
Wall Street is hanging near its 20-month high Tuesday after a mixed set of reports kept questions alive about whether the U.S. economy can pull off a perfect landing that kills high inflation and avoids a recession.
The S&P 500 was 0.04 per cent lower at 4,567.85 and potentially heading for its first back-to-back loss since October. The Dow Jones Industrial Average was down 0.36 per cent at 36,077.45 while the Nasdaq composite
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