Canada Halts Advertising on Facebook and Instagram Amid News Controversy

1 min read
Source: BBC
Canada Halts Advertising on Facebook and Instagram Amid News Controversy
Photo: BBC
TL;DR Summary

The Canadian government has announced that it will pull all its advertising from Facebook and Instagram in response to parent company Meta's decision to restrict news content for Canadians. This comes after Canada passed a law that will require tech firms to pay media for news. Google has also announced plans to block Canadian news in response to the law. Canadian officials are hopeful they can negotiate a deal with Google's parent company Alphabet to prevent the block. The loss of government advertising is estimated to cost Meta C$10m ($7.54m; £5.93m) in business. Canada hopes its decision will inspire others, including Canadian companies, to do the same.

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