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The Big Story

What exactly is "Canadian content" in 2024?

Jun 12, 2024
Discusses the CRTC's tax on streaming services to boost Canadian content. Bill C-11's impact on funding and who pays the tax. Interview with Michael Geist on the topic. Concerns about rising Netflix prices for consumers.
22:19

Podcast summary created with Snipd AI

Quick takeaways

  • Bill C-11 raises questions on defining Canadian content beyond existing investments.
  • Impact of CRTC's tax on streaming services may lead to cost burden on consumers.

Deep dives

Implementation of Bill C-11 and Financial Impact on Canadian Content

The podcast episode delves into the implementation of Bill C-11, focusing on the requirement for streaming services to contribute 5% of their Canadian revenues, estimated at around $200 million annually. While this amount is significant, it may not substantially influence film or TV production due to the diverse allocation of funds across different areas like news, diversity inclusion, and more. Despite efforts to support Canadian creators, questions arise regarding the effectiveness of this financial support in making a substantial difference in content production.

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