A new report on Canada's broadcasting and telecommunications sector has urged the federal government to require foreign streaming services like Canadian market leader Netflix to invest in local programming
A new report on Canada's broadcasting and telecommunications sector has urged the federal government to require foreign streaming services like Canadian market leader Netflix to invest in local programming.
"It is more appropriate to establish a regime that requires such online streaming services that benefit from operating in Canada to invest in Canadian programming that they believe will attract and appeal to Canadians," the Yale panel report states. Allowing U.S. digital players to remain unregulated and untaxed appears to vindicate a 2017 deal between the federal government and Netflix that required the online video giant to spend at least $400 million on Canadian film and TV investment over five years, as it established a Canadian production hub in Toronto and Vancouver.
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