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Story perspectives

Canada Halts $2B Streaming Tax Increase

6/4/2026

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Story summary
  • Finance Minister Mark Carney said Canada will not enforce Radio-television and Telecommunications Commission (CRTC) plan to raise streaming contributions from 5% to 15%.
  • The plan would have created a $2 billion fund for Canadian and Indigenous content.
  • Announcement came when Trade Minister Dominic LeBlanc met U.S. Rep. Jamieson Greer in Washington.
  • Critics say the move eases pressure on a bilateral trade deal, while Online Streaming Act forces streamers to fund programming.