By The Canadian Press, Dec. 15, 2023

OTTAWA – Final regulations for the Online News Act shows the amount of funding private broadcasters will get through the government’s $100-million deal with Google will be limited, with an even lower cap for the CBC.

The regulation released today show broadcasters will get $30 million at most from the fund, with CBC/Radio-Canada getting no more than $7 million.

The rest of the money is earmarked for other qualifying news outlets such as newspapers and digital platforms.

Once the law comes into effect next Tuesday, Google will have to launch an open call in which eligible news businesses have 60 days to request a slice of the $100-million pie.

In order for news businesses to be eligible, they must have at least two full-time employees.

Read the rest of the story here