Local Canadian news has lost 58 percent of online engagement, national news 24 percent, thanks to the Online News Act and Meta’s news ban

Posted by IHateTrains123

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  1. IHateTrains123 on

    Further readings:

    [Opinion: Please stop helping us: the newspaper bailout is a comprehensive policy failure – The Globe and Mail](https://www.theglobeandmail.com/opinion/article-government-subsidies-are-not-saving-canadas-newspapers-its-time-to-end/)

    [Court approves Postmedia’s $1-million bid to buy Saltwire | Financial Post](https://financialpost.com/news/court-approves-postmedia-bid-buy-saltwire)

    Other news:

    [Who really posted those tweets praising a Poilievre rally? (thestar.com)](https://www.thestar.com/politics/federal/who-really-posted-those-awkward-tweets-praising-a-pierre-poilievre-rally-heres-what-might-be/article_6868ba60-54ec-11ef-bdd3-2b861b5d1bc0.html)

    [Markets see ‘settling of nerves’ after dramatic drop, but recession talk is ‘brutally devastating’ for governments, say observers – The Hill Times](https://www.hilltimes.com/story/2024/08/08/markets-see-settling-of-nerves-after-dramatic-drop-but-recession-talk-is-brutally-devastating-for-governments-say-observers/430824/)

    [Globe editorial: Free speech is not a numbers game – The Globe and Mail](https://www.theglobeandmail.com/opinion/editorials/article-free-speech-is-not-a-numbers-game/)

    !ping Can

  2. >“With links to news pages banned, the millions of readers Facebook had been sending the industry’s way every day—for free— vanished. The government had calculated that Facebook was bluffing. It wasn’t,” *Globe and Mail* columnist Andrew Coyne recently [wrote](https://www.theglobeandmail.com/opinion/article-government-subsidies-are-not-saving-canadas-newspapers-its-time-to-end/).

    The Canadian news ban had almost no effect on Meta’s Canadian user traffic or time on the app, according to [*Reuters*](https://www.reuters.com/technology/metas-canada-news-ban-fails-dent-facebook-usage-2023-08-29/). 

    I repeat

    Leftists shooting themselves in the foot will never not be funny.

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