Ottawa orders CRTC to review policy raising Canadian content funding requirement for streamers
Ottawa has mandated a review of the CRTC's new policy requiring foreign streamers to increase their funding for Canadian content. The policy, which raised the contribution from 5% to 15%, has drawn criticism for potentially violating trade agreements and imposing higher costs on consumers. The Canadian government aims to ensure that content remains affordable while supporting Canadian programming.
- ▪The CRTC's new framework tripled the contribution requirement for foreign streamers to fund Canadian content.
- ▪Critics argue that the policy could violate the U.S.-Mexico-Canada Agreement and provoke U.S. lawmakers.
- ▪The Canadian government plans to develop new policy directions to balance affordability for consumers and support for Canadian content.
Opening excerpt (first ~120 words) tap to expand
ShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountOttawa has ordered Canada’s telecom regulator to review a controversial policy forcing foreign streamers to devote more of their revenues to Canadian content, after criticism that the decision constituted a potential trade irritant with the United States.In late May, the CRTC implemented a new framework which tripled the contribution that streamers would be required to dedicate from their Canadian revenues to funding Canadian and Indigenous programming, from 5 per cent to 15 per cent. That evening, foreign streamers – which were already fighting the lower investment requirement in Canadian court – said the new framework directly violated Canada’s obligations under the U.S.-Mexico-Canada Agreement.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Globe and Mail.
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