Canada and Google have reached a deal to keep news stories in search results and for the internet giant to pay C$100 million ($73.6 million) annually to news publishers in the country, a Canadian official said on Wednesday.
Reuters reports the deal resolves Alphabet-owned Google's concerns over Canada's online news law that seeks to make large internet companies share advertising revenue with news publishers in the country.
"Following weeks of productive discussions, I am happy to announce that we have found a path forward with Google for the implementation of the Online News Act," Heritage Minister Pascale St-Onge said in a statement.
Canada's Online News Act, part of a global trend to make internet giants pay for news, passed in June and the government is finalizing rules that are expected to be released by a Dec. 19 deadline.Google confirmed that Ottawa had committed to addressing its core issues and that news will continue to be available on its platforms in Canada.
Google had previously said it would block news on its platform, saying said Canada's law was more stringent than the ones in Europe and Australia, and raised concerns about the company being exposed to potentially uncapped liability.
Meta Platforms, the other internet giant that is the target of the law, has already blocked news sharing on Facebook and Instagram over its concerns about the law.
St-Onge said the deal with Google shows that the new law works, and called on Facebook to explain its decision to block news sharing in Canada.
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