Ottawa to ‘eliminate’ streamers’ CanCon payments, provide government funding instead

OTTAWA — The Liberal government plans to “eliminate” the financial contribution requirement for streamers set by the CRTC.

It says in a court document it plans to replace that requirement with government funding.

In early June, the government said it would issue a new policy directive to the CRTC after the broadcast regulator increased contributions for large streaming services from five per cent to fifteen per cent.

The government also said at the time it would instead provide the industry with $600 million in annual funding.