When you place all that journalistic work in the hands of a corporation to control and manipulate .... it is a real danger to democracy. Google, Meta and any other corporation should never be allowed to exercise any kind of control, manipulation or effect to any of the work that journalists produce and share
It could be said that this happened years ago in Canada. Much of what is considered under this bill as Canadian journalism is largely owned by non-Canadian entities.
For example, Postmedia, who publishes the de-facto daily newspaper for many of the larger Canadian cities, is 66% owned by one american hedge fund. The papers have a Canadian presence, but their brand and ownership are much like a modern Tim Hortons, all Canadian trappings but profits that leave the country for an international investment firm.
So, at best, even if the bill redistributes some profits from tech-bros to their umbrella of qualifying Canadian news outlets, two-thirds of any amount paid would still return to the control of stakeholders in the United States anyway.