The throne speech outlines the government’s agenda and focus for the forthcoming parliamentary session and contained numerous references to the kind of action Justin Trudeau's government would take to help the country recover from the coronavirus pandemic.
"Web giants are taking Canadians’ money while imposing their own priorities. Things must change, and will change," Trudeau said in the speech which was read out by governor-general Julie Payette on Wednesday.
"The government will act to ensure their revenue is shared more fairly with our creators and media, and will also require them to contribute to the creation, production, and distribution of our stories, on screen, in lyrics, in music, and in writing."
Facebook has threatened to stop allowing Australian residents and publishers from sharing local and international news on the site if the ACCC's draft code on news sharing become law.
Google has campaigned publicly to try and get the law watered down, using its global Web properties to advance its arguments.
In July, Treasurer Josh Frydenberg announced that Google and Facebook would have to fork out big fees to traditional news outlets, or face fines of up to 10% of their local turnover which could come to as much as $10 million.
The draft code was kept open for comment until the end of August and legislation to enshrine the code in law is expected during the session of Parliament that begins next month.