Canada is walking a narrow path in regulating global technology giants, seeking a cut of company profits rather than trying to curb their market dominance.
Prime Minister Justin Trudeau’s government has proposed legislation that could raise more than C$1 billion ($775 million) a year by forcing streaming services to fund local media and feature Canadian content. It’s pushing search and social platforms, for example, to negotiate commercial deals with news publishers to compensate for losses in advertising revenue.
