Ottawa to ‘Eliminate’ Streamers’ CanCon Payments, Provide Government Funding Instead
The government said it will instead provide $600 million a year after the CRTC raised streamer contribution rates to 15 per cent.
- The Liberal government plans to "eliminate" the mandatory financial contribution for streaming services set by the Canadian Radio-television and Telecommunications Commission , replacing it with federal funding.
- In early June, the CRTC increased streaming contribution requirements to fifteen per cent, prompting the government to issue a new policy directive to address the measure.
- Instead of the streamer levy, the Liberal government will provide $600 million in annual funding to the industry, according to recent statements by officials.
- While Ottawa changed course after the U.S. identified the legislation as a trade irritant, the United States Trade Representative said recently Canada wouldn't "really get credit" for the move.
- According to a court document submitted by the attorney general's office on July 17, the government will publish the new policy directive to the CRTC in the coming weeks.
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Ottawa's intention to remove the basic financial contribution obligation imposed on streaming services by the CRTC is criticized.
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Ottawa plans to end 'Netflix tax,' replace with public Canadian content funding: document
The federal government will "eliminate" the financial contribution requirement for streamers set by the CRTC and replace it with government funding, it said in a court document.
The Liberal government plans to remove the financial contribution obligation imposed on streaming services by the Canadian Radio-television and Telecommunications Commission (CRTC).
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