The Globe and Mail reports in its Saturday, Sept. 2, edition that Meta says new draft regulations that define how much it would have to pay into the country's news industry under the federal Online News Act do not go far enough to convince it to reverse its decision to block Canadians' access to news on Facebook and Instagram. The Globe's Marie Woolf writes that the proposed regulations, published Friday, set a $230-million cap on the amount Alphabet's Google and Facebook would together have to inject into Canada's news sector, a contribution formula designed to defuse a tense stand-off with the tech giants over the legislation, also known as Bill C-18. However, Meta made clear that Ottawa's move would not be enough to bring it back to the bargaining table. Meta began blocking Canadians' access to news on those platforms last month -- in the process exempting itself from the Online News Act, which requires tech giants to pay news organizations for using their work. Google has warned it plans to do the same, unless Ottawa addresses its objections to the law. In the new regulations, the government attempted to address the tech giants' complaints that the law would impose unlimited financial liabilities on them.