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What will be the future of TikTok's Canadian operations by Nov 7, 2025?
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Resolution / Starting Odds
Operations continue as is • 25%
Operations significantly reduced • 25%
Operations fully ceased • 25%
Other outcome • 25%
Official announcements from TikTok or the Canadian government
Story
Canada Orders TikTok to Dissolve Operations; App Access Remains Unblocked
Nov 7, 2024, 01:07 AM
Canada has ordered TikTok Technology Canada Inc., a subsidiary of Chinese-owned ByteDance, to wind up its operations in the country following a comprehensive national security review under the Investment Canada Act. Innovation Minister François-Philippe Champagne announced the decision, stating that while Canadians will still be able to access the TikTok app and create content, the government is mandating the dissolution of TikTok's Canadian business operations. TikTok responded by stating it will challenge the order in court, arguing that shutting down its Canadian offices and eliminating hundreds of local jobs is not in anyone's best interest.
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Similar markets
Fully operational • 25%
Partially operational • 25%
Shutdown • 25%
Other outcome • 25%
Continues in both U.S. and Canada • 25%
Only in U.S. • 25%
Only in Canada • 25%
Banned in both • 25%
Continues operations without changes • 25%
Divests from ByteDance • 25%
Banned in the U.S. • 25%
Partially restricted • 25%
Fully operational with new owner • 25%
Operational under current ownership • 25%
Partially operational with restrictions • 25%
Not operational • 25%
TikTok banned • 25%
TikTok sold to U.S. buyer • 25%
TikTok continues operations without change • 25%
Other outcome • 25%
Ban halted • 25%
Non-China owner found • 25%
Ban implemented • 25%
Other outcome • 25%
Ban enforced • 25%
Ban prevented by Trump • 25%
ByteDance divests • 25%
Other resolution • 25%
Major Layoffs • 25%
Minor Layoffs • 25%
No Layoffs • 25%
Expansion • 25%
Relocate operations abroad • 25%
Cease all Canadian operations • 25%
Continue operations under new structure • 25%
Other strategy • 25%
Sold to a U.S. company • 25%
Sold to a non-U.S., non-Chinese company • 25%
No sale completed, TikTok banned • 25%
Further extension granted • 25%
ByteDance sells TikTok's U.S. operations • 25%
TikTok is banned from U.S. app stores • 25%
TikTok wins appeal and continues operations • 25%
Other outcome • 25%