Market
What will be the outcome of TikTok's legal challenge against the Canadian shutdown order by June 30, 2025?
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Resolution / Starting Odds
TikTok wins • 33%
Government wins • 33%
Settlement reached • 34%
Canadian court rulings and official government announcements
Story
TikTok Challenges Canadian Shutdown Order Amid National Security Concerns
Dec 11, 2024, 12:29 PM
TikTok's Canadian arm has filed a legal challenge against a government order to shut down its operations in the country. The challenge comes as the Canadian government, through its Minister of Innovation, Science and Industry, has deemed TikTok a national security risk. TikTok argues against the shutdown, stating it contributed nearly USD33 billion to the US GDP last year and has 170 million US users. The company has also filed an emergency injunction to prevent a similar ban from taking effect in the US on January 19.
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Order blocked • 25%
Settlement reached • 25%
Order upheld • 25%
Other outcome • 25%
Divestment proceeds • 25%
Divestment postponed • 25%
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Divestment blocked • 25%
Ban overturned, TikTok operations continue • 25%
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Settlement Reached • 34%
Ban Upheld • 33%
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Ban upheld, TikTok shut down • 25%
Ban blocked, TikTok continues • 25%
TikTok sold to non-Chinese entity • 25%
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Supreme Court blocks ban • 25%
Ban upheld, ByteDance divests • 25%
Ban upheld, TikTok banned • 25%
Appeal Accepted • 25%
No Decision by Deadline • 25%
Case Dismissed • 25%
Appeal Rejected • 25%