OTTAWA — Fearing the move could trigger a massive price spike, the federal government is directing Canada’s broadcast regulator to review its contentious plan to regulate and tax foreign streaming platforms.
Canada’s Identity and Culture Minister Marc Miller made the announcement on Wednesday, a reaction to the contentious May 21 decision by the Canadian Radio-television and Telecommunications Commissions (CRTC) requiring streaming giants such as Spotify and Netflix to spend some of their Canadian-sourced revenue to acquire or produce Canadian programming.
