LILLEY: Mark Carney government makes right move with streaming decision
The Mark Carney government is walking away from a policy that was bad for Canadian consumers, bad for Canadian industry and would have hurt trade negotiations. That doesn’t mean they aren’t being criticized as economically illiterate arts organizations are furious with them, but they did the right thing.
On Wednesday morning, Canadian Identity and Culture Minister Marc Miller issued a news release saying he was asking the Canadian Radio-television and Telecommunications Commission to reconsider their call for online streamers to pay 15% of their Canadian revenues toward Canadian content projects and Canadian broadcasters to pay 25%.
LILLEY: Mark Carney government makes right move with streaming decision Back to video
The idea was a bad one both from a domestic and a trade perspective. It would drive up costs for consumers on streaming services like Netflix, Prime Video or Disney , while also making life more expensive and less competitive for Canadian broadcasters.
Bizarrely, while the ruling required foreign streamers like Netflix to pay 15% of their Canadian........
