Canada is imposing a 15% tax on streaming services to support local content
Canada is imposing a 15% tax on streaming services to support local content, with the goal of generating approximately $2 billion in additional funding for Canadian and Indigenous content. The tax is part of the Online Streaming Act, which was introduced in 2023 and requires major streaming platforms to contribute funding toward Canadian content. The decision has drawn criticism from US corporations and film industry representatives, who argue that the requirements violate the terms of the Canada-United States-Mexico Agreement.
- ▪The Canadian Radio-television and Telecommunications Commission is increasing the overall levy to 15% for companies generating significant revenue from Canadian subscribers.
- ▪Broadcasting groups earning more than $100 million annually will face additional obligations, including a requirement to direct 30% of certain spending toward partnerships with Canadian production companies.
- ▪The commission is expected to generate approximately $2 billion in additional funding for Canadian and Indigenous content, including French-language productions.
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| Original publisher | TechSpot |
| Canonical URL | https://www.techspot.com/news/112504-canada-imposing-15-tax-global-streaming-services-support.html |
| Publication time | Sat, 23 May 2026 07:48 -0500 |
| Retrieval time | 2026-05-23T12:52:26.672Z |
| Last seen | 2026-05-23T12:52:27.885Z |
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| Cluster | 7o-_FO-YGbVX |
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The Web canada streaming Canada is imposing a 15% tax on streaming services to support local content "No one ever likes being regulated," especially in the US By Alfonso Maruccia May 23, 2026, 7:48 42 comments Serving tech enthusiasts for over 25 years. TechSpot means tech analysis and advice you can trust. Bitrate Fights: Canadian authorities introduced the Online Streaming Act three years ago, imposing new funding obligations on major streaming platforms. The OSA is now being fully implemented, with financial commitments reportedly even higher than initially expected. The changes have drawn widespread criticism, particularly from US corporations and film industry representatives.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at TechSpot.
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