Canadian Government approves Apple iBookstore

Good news for book lovers and Canadian authors but bad news for Canadian-based Kobo (they now have serious competition). Under the “Investment Canada Act” the Canadian Government has officially approved Apple to establish iBookstore Canada.

The Honourable James Moore, Minister of Canadian Heritage and Official Languages stated in a release that “Our Government is committed to strengthening Canada’s economy through all its sectors, especially arts and culture. Apple has demonstrated how iBookstore Canada represents new opportunities for Canadian authors and publishers, and I have determined that this investment will be of net benefit to Canada.”

Once it goes live you’ll be able to download the iBooks app on your iPhone (and iPod touch, iPad) and get Canadian content (paid and free). According to the deal Apple must have titles in both English and French, have representation from new and independent writers; Aboriginal authors and publishers, help Canadian publishers transfer books into e-books and create job opportunities.

Source: Canadian Heritage
Via: MacNN