OTTAWA — Broadcasters and online streaming giants will still have to pay a fee to support Canadian media production despite the Carney government’s declaration it would reverse course on the so-called “Netflix tax,” the Star has learned.
Amid ongoing Canada-U.S. trade tensions, Prime Minister Mark Carney said three weeks ago his government would order Canada’s broadcast regulator to review its decision this spring to require major broadcasters and online streaming giants to pay 15 per cent, up from five per cent, of their Canadian revenues toward supporting Canadian content production.
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