The Motion Picture Association, which represents streaming giants like Netflix, Amazon Prime and Disney, said asking platforms to put 15 per cent of their Canadian profits toward producing Canadian content will triple the cost of doing business in Canada and make it less attractive for them to invest in Canada. (The Logic)

Talking point: The CRTC’s order stems from the Online Streaming Act, which U.S. Trade Representative Jamieson Greer has flagged as a trade irritant. The new policy makes Canada’s streaming framework one of the most aggressive in the world, said Josh Tabish with the Chamber of Progress, a left-leaning tech-industry trade group. He said the costs are likely to be passed onto customers. Several streamers had already launched a court challenge against the CRTC’s original 2024 decision to impose a five per cent levy. Culture Minister Marc Miller is assessing the implications of the CRTC’s decision.