Updated
Updated · POLITICO · Jun 4
Canada Halts 15% Netflix Fee as U.S. Pressure Forces Streaming Rules Rewrite
Updated
Updated · POLITICO · Jun 4

Canada Halts 15% Netflix Fee as U.S. Pressure Forces Streaming Rules Rewrite

3 articles · Updated · POLITICO · Jun 4

Summary

  • Canada’s Liberal government ordered a new policy direction Wednesday that will make the CRTC rewrite its Online Streaming Act rules, sharply reducing or potentially scrapping payments from foreign streamers.
  • The reversal followed U.S. pressure after Trade Minister Dominic LeBlanc met U.S. Trade Representative Jamieson Greer, who has called the measure discriminatory and tied it to broader trade talks.
  • The CRTC had ruled that streamers with more than C$25 million in Canadian revenue must devote 15% of that revenue to Canadian and Indigenous content, a move expected to channel about C$2 billion a year.
  • Ottawa instead pledged C$600 million for the audio and audiovisual sector, drawing backlash from producers and Bloc Québécois leader Yves-François Blanchet, who accused Prime Minister Mark Carney of yielding to U.S. tech interests.
  • The retreat echoes last summer’s repeal of Canada’s digital services tax, which had been projected to raise C$7.2 billion over five years before Trump threatened to halt negotiations.

Insights

Will Canada's policy retreat on streaming giants satisfy U.S. trade demands before the critical USMCA review?
Can a $600 million fund truly replace mandatory investment from streamers and protect Canada's local content industry?
As U.S. trade pressure mounts, is Canada's reversal a sign of what's to come for other nations?