Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials HomeNewsNetflix, Spotify to face higher costs as CRTC changes rulesStreaming platforms will have to contribute 15% of domestic annual revenues to Canadian content You can save this article by registering for free here. Or sign-in if you have an account.The Netflix logo is displayed at a company office on May 12, 2026 in Los Angeles, Calif. Photo by Justin Sullivan/Getty ImagesCanada will require streaming giants such as Netflix Inc. and Spotify Technology SA to spend 15 per cent of their domestic annual revenues on Canadian content, moving ahead with a law that’s been identified as a trade irritant by the U.S. Trade Representative.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountorThe Canadian Radio-television and Telecommunications Commission announced new regulations for the country’s Online Streaming Act, which brings global streaming platforms under domestic broadcasting rules, including a requirement to pay into funds that support Canadian content.The rules unveiled on Thursday seek “to ensure traditional and online broadcasters contribute to the creation of Canadian and Indigenous content in an equitable way that reflects their size and business models,” the federal broadcast regulator said in a news release.Breaking business news, incisive views, must-reads and market signals. Weekdays by 9 a.m.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Posthaste will soon be in your inbox.We encountered an issue signing you up. Please try againTraditional broadcasters must contribute 25 per cent of their domestic annual revenues to Canadian content, down from the current requirement range of 30 per cent to 45 per cent. Meanwhile, online broadcasters, which refers to streaming platforms, will have to contribute 15 per cent, up from the five per cent base contribution they were previously required to make.More than half of the contributions streamers will have to make can be made directly through content, while some will go toward funds.The regulator also set out rules on the discoverability of Canadian content on platforms.In a report last month, U.S. Trade Representative Jamieson Greer’s office again cited Canada’s laws about online platforms as trade barriers.Global streaming giants have been fighting the new law, and were able to obtain a temporary pause on the five per cent contribution requirement from the U.S. Federal Court of Appeal in December 2024. Join the Conversation This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.