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Bill C-22 risks harming Quebec's tech economy by driving away investments and data centers.

Market News
16 May 2026
Yanik Guillemette
View Source
Bearish
pluang ai news

Bill C-22 in Canada faces strong opposition from tech leaders and experts who warn it threatens the digital economy by undermining data privacy and encryption. Quebec's tech sector, especially in AI and cloud infrastructure, could lose investments, talent, and data centers as companies like Meta, Apple, and Signal oppose forced backdoors and data retention rules. This could lead to a brain drain and relocation of tech infrastructure outside Canada, damaging the region's reputation as a trusted hub for digital innovation. The debate highlights the tension between government surveillance ambitions and economic security needs in the tech industry.

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