Ottawa Orders CRTC to Review Rule Tripling Tax on Online Streamers, Citing Affordability
The federal government is directing the Canadian Radio-television and Telecommunications Commission (CRTC) to review its decision to triple the tax on major television streaming platforms. The heritage department announced on June 3 that Culture Minister Marc Miller will direct the commission to “review its recent decision to regulate online streamers and Canadian broadcasters.” The CRTC’s [...]
TL;DR
- The federal government is directing the CRTC to review its decision to triple taxes on major television streaming platforms.
- Culture Minister Marc Miller will guide the CRTC in reviewing its decision to regulate online streamers and Canadian broadcasters.
- The CRTC's 2024 Online Streaming Act initially required a 5 percent contribution from streaming platforms for Canadian content.
- New regulations announced on May 21 raised this contribution to 15 percent for online broadcasters earning over $25 million annually in Canada.
- The heritage department stated that these new requirements could lead to higher prices for Canadian consumers.
- The government believes this is not the appropriate time to increase the cost of culture and entertainment due to existing cost-of-living pressures.