Big tech companies that offer online streaming services could soon be required to contribute to Canadian content as a controversial Liberal bill gets one step closer to becoming law.
Online streaming giants YouTube and TikTok are asking Canadian senators to take a sober second look at an online streaming bill that they say would cause significant harm to Canadian digital creators.
The online streaming bill will generate at least $1 billion a year for Canada's creative sector, including Indigenous programs, Heritage Minister Pablo Rodriguez told a committee of MPs on Monday, June 6, 2022.
Heritage Minister Pablo Rodriguez is set to review what qualifies as a Canadian film or TV program as part of a move to modernize the country's broadcast laws.
Online platforms like Netflix and Spotify may end up spending more than $800 million on Canadian content over the next three years under a series of policy changes the federal government has proposed.