Google strikes deal with Canada to pay for online news

Google agreed to contribute C$100mil (RM342.65mil) in financial support annually, indexed to inflation, for a wide range of news businesses in Canada, St-Onge said. — AFP

Alphabet Inc’s Google struck a deal with Canadian Prime Minister Justin Trudeau’s government over a contentious law requiring digital platforms to pay for news.

Google agreed to contribute C$100mil (RM342.65mil) in financial support annually, indexed to inflation, for a wide range of news businesses in Canada, Heritage Minister Pascale St-Onge said in a statement Wednesday.