ITI: Canada’s New 15% Tax on Streamers Will Strain U.S.-Canada Relationship
WASHINGTON – Today, global tech trade association ITI reacted to the Canadian Radio-television and Telecommunications Commission (CRTC) announcement requiring streaming providers—including music, video, and other multimedia forms—to contribute 15 percent of Canadian revenues to fund Canadian content creation without being able to access these funds in the same manner as broadcasters. This includes the existing five percent base contribution initially set by the CRTC.
“CRTC’s decision to impose an unprecedented 15 percent revenue contribution requirement on online streamers and advance prescriptive discoverability mandates will negatively impact industry’s ability to bring Canadian content to global audiences,” said ITI Executive Vice President of Policy John Miller. “Rather than strengthening Canada’s digital economy, these decisions risk producing the opposite effect: reduced investment, limited consumer choice, and a strained U.S.-Canada economic relationship. ITI strongly encourages the CRTC to reconsider its approach in favor of one that recognizes the meaningful investments that streaming providers make to developing and sharing Canadian content.”
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