OTTAWA—Online streaming giants such as Netflix should contribute to funding Canadian content and pay sales taxes. Those were among the recommendations in a highly anticipated report released by a legislative review panel Wednesday. “Netflix and other online streaming services would be required to devote a portion of their program budgets to Canadian programs.”Yale doubted that the proposed requirement would drive up costs for the streaming services. That would include giving the CRTC the power to impose spending requirements on media content providers and “discoverability,” or how content is displayed on a website. “We have this absurd situation in Canada where our government policy has allowed foreign tech companies to basically asphyxiate Canadian media,” Bernhard said.

Source: thestar January 29, 2020 17:01 UTC