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Canada passes bill to compel local content on streaming platforms

OTTAWA (Reuters) - Canada's lower house of the parliament passed legislation on Tuesday that would bring online streaming platforms under the stewardship of the country's...
Canada passes bill to compel local content on streaming platforms © Reuters. FILE PHOTO: Smartphone with Netflix logo is placed on a keyboard in this illustration taken April 19, 2022. REUTERS/Dado Ruvic/File Photo

OTTAWA (Reuters) - Canada's lower house of the parliament passed legislation on Tuesday that would bring online streaming platforms under the stewardship of the country's broadcast regulator and compel firms like Netflix (NASDAQ:NFLX), YouTube, and Spotify (NYSE:SPOT) to offer more local content.

The bill, brought by Prime Minister Justin Trudeau's Liberal government, cleared the House of Commons by 208 votes to 117, with support from the opposition New Democrats and Bloc Quebecois.

The government says the legislation would ensure that online streaming services promote Canadian music and stories and support local jobs. Critics say it was rushed to a vote and concerns raised about the bill, such as the potential impact on independent content creators, were not addressed.

Heritage Minister Pablo Rodriguez, who introduced the bill in February, says the changes are meant for commercial programs streamed online and would not apply to individual Canadians.

Bill C-11 will become law once the Senate, or upper chamber, adopts it and it receives royal assent.

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27-06-2022 21:15:33 (UTC+7)

EUR/USD

1.0574

+0.0020 (+0.19%)

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EUR/USD

1.0574

+0.0020 (+0.19%)

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GBP/USD

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USD/JPY

135.24

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AUD/USD

0.6928

-0.0019 (-0.28%)

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USD/CAD

1.2909

+0.0016 (+0.13%)

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EUR/JPY

142.99

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EUR/CHF

1.0134

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Gold Futures

1,828.95

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Silver Futures

21.312

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Copper Futures

3.7525

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Crude Oil WTI Futures

107.90

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Brent Oil Futures

109.46

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Natural Gas Futures

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US Coffee C Futures

220.68

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Euro Stoxx 50

3,527.65

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S&P 500

3,899.60

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DAX

13,147.15

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FTSE 100

7,242.85

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Hang Seng

22,229.52

+510.46 (+2.35%)

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US Small Cap 2000

1,760.60

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IBEX 35

8,197.50

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BASF SE NA O.N.

42.570

+0.355 (+0.84%)

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Bayer AG NA

59.24

+1.45 (+2.51%)

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Neutral

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Allianz SE VNA O.N.

180.67

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Adidas AG

171.52

+1.16 (+0.68%)

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Deutsche Lufthansa AG

5.971

+0.005 (+0.08%)

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Siemens AG Class N

103.66

+1.04 (+1.01%)

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Deutsche Bank AG

8.764

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 EUR/USD1.0574↑ Sell
 GBP/USD1.2280↑ Sell
 USD/JPY135.24↑ Buy
 AUD/USD0.6928↑ Sell
 USD/CAD1.2909↑ Buy
 EUR/JPY142.99↑ Sell
 EUR/CHF1.0134↑ Sell
 Gold1,828.95Buy
 Silver21.312↑ Sell
 Copper3.7525↑ Sell
 Crude Oil WTI107.90↑ Buy
 Brent Oil109.46↑ Buy
 Natural Gas6.175↑ Buy
 US Coffee C220.68Sell
 Euro Stoxx 503,527.65↑ Sell
 S&P 5003,899.60↑ Sell
 DAX13,147.15↑ Sell
 FTSE 1007,242.85↑ Sell
 Hang Seng22,229.52↑ Sell
 Small Cap 20001,760.60↑ Sell
 IBEX 358,197.50↑ Sell
 BASF42.570↑ Sell
 Bayer59.24Neutral
 Allianz180.67↑ Sell
 Adidas171.52↑ Sell
 Lufthansa5.971↑ Sell
 Siemens AG103.66↑ Sell
 Deutsche Bank AG8.764↑ Sell
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# So hôm qua # Chênh TG
SJC Eximbank6,775/ 6,845
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Cập nhật 27-06-2022 21:15:36
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Cập nhật lúc 18:53:21 27/06/2022
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