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What will be the impact on TikTok's user base in Canada by end of 2024?
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Resolution / Starting Odds
No significant change • 25%
Moderate decrease in users • 25%
Significant decrease in users • 25%
Increase in users • 25%
Reports from social media analytics firms or TikTok's official user statistics
Story
Canada Orders TikTok Canada to Dissolve Citing National Security Risks; App Access Unaffected
Nov 6, 2024, 11:06 PM
Canada has ordered TikTok Technology Canada, Inc., the Canadian subsidiary of ByteDance, to wind up its operations after a national security review. The decision, announced by the Innovation Ministry, cites national security risks associated with the Chinese-owned social media app. Despite the order to dissolve the company's business operations in Canada, access to the TikTok app will not be blocked, and Canadians can continue to use the platform. This move follows a comprehensive review under the Investment Canada Act.
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Similar markets
Significant decrease • 25%
Moderate decrease • 25%
No significant change • 25%
Increase • 25%
User base increases • 33%
User base remains stable • 33%
User base decreases • 33%
Increase in users • 25%
No significant change • 25%
Decrease by less than 10% • 25%
Decrease by 10% or more • 25%
Increase by more than 10% • 25%
Increase by less than 10% • 25%
Decrease by less than 10% • 25%
Decrease by more than 10% • 25%
Major Layoffs • 25%
Minor Layoffs • 25%
No Layoffs • 25%
Expansion • 25%
Operations continue as is • 25%
Operations significantly reduced • 25%
Operations fully ceased • 25%
Other outcome • 25%
Increase in users • 25%
Decrease in users • 25%
No significant change • 25%
Data unavailable • 25%
Increase • 25%
Decrease • 25%
No significant change • 25%
Data not available • 25%
Less than 1 billion • 25%
1 to 1.2 billion • 25%
1.2 to 1.5 billion • 25%
More than 1.5 billion • 25%
Relocate operations abroad • 25%
Cease all Canadian operations • 25%
Continue operations under new structure • 25%
Other strategy • 25%
User base significantly decreases • 25%
User base remains stable • 25%
User base increases • 25%
Insufficient data available • 25%
Over 170 million • 25%
150-170 million • 25%
100-150 million • 25%
Less than 100 million • 25%