Online News Act funding capped for private broadcasters, CBC: regulations

The Liberal government has put a cap on how much money CBC and other broadcasters can get from Google after the tech company agreed last month to pay $100 million annually to compensate Canadian news companies.

CBC/Radio-Canada will get no more than a $7-million share of the annual fund, while another $30 million at most will be reserved for other broadcasters, according to final regulations released Friday that will implement the Online News Act.

The other $63 million will be shared among other qualifying news outlets, such as newspapers and digital platforms.

Independent news outlets and outlets from Indigenous and official language minority communities must also benefit from the fund, the regulations said.