US Ambassador Calls for Immediate Repeal of Online Streaming Tax
U.S. Ambassador to Canada Pete Hoekstra has called for Canada to repeal its law taxing major television streaming platforms, after Canada’s broadcast regulator recently announced it was tripling its tax. Hoekstra said on May 28 that he had met with U.S. streaming firms who said the Canadian Radio-Television and Telecommunications Commission’s (CRTC) Online Streaming Tax [...]
US Ambassador Calls for Immediate Repeal of Online Streaming Tax U.S. Ambassador to Canada Pete Hoekstra is urging Canada to repeal its Online Streaming Tax. He stated that U.S. streaming companies believe the tax, recently tripled by the CRTC, will deter investment and job creation in Canada’s creative sector. Hoekstra asserted that the tax unfairly increases costs for Canadian consumers and targets U.S. firms.
- U.S. Ambassador to Canada Pete Hoekstra called for the repeal of Canada’s Online Streaming Tax.
- The tax, recently tripled by the CRTC, is reportedly seen by U.S. streaming firms as detrimental to investment and job creation in Canada’s creative sector.
- Hoekstra stated the tax will increase costs for Canadian consumers and unfairly targets U.S. companies.
- The Online Streaming Act, implemented in 2024, imposes a 5% tax on streaming platforms to support Canadian and Indigenous content.
- Major U.S. platforms like Netflix, Apple, and Paramount have challenged the rules in federal court.
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