The 15% “TAX” headline is COMPLETE LIE. A misrepresentation - READ THE ARTICLE. It is NOT a TAX but a requirement that streamers spend 15% of Canadian revenue to PURCHASE or CREATE CANADIAN CONTENT. This is a Canadian content law. NOT A TAX.
The 15% “TAX” headline is COMPLETE LIE. A misrepresentation - READ THE ARTICLE. It is NOT a TAX but a requirement that streamers spend 15% of Canadian revenue to PURCHASE or CREATE CANADIAN CONTENT. This is a Canadian content law. NOT A TAX.
So the streamers will pass on the cost to the end user or insert more ads to pay for it.
No, they will make more Canadian shows and earn revenue the same way.
They already film a lot of shows in Canada. They just aren’t branded as “Canadian” shows. I wouldn’t be surprised if streaming channels are already meeting this target.
https://madeinca.ca/film-and-tv-industry-statistics-canada/
FTFY