19 June 2017
The Canadian Parliament's Heritage Committee issued a report on 15 June 2017 that outlines proposed measures to support the country's struggling media industry, especially traditional media. One of the controversial measures proposed is the expansion of the 5% levy for Canadian content production on broadcasting distribution undertakings to broadband (internet) distribution. The levy is currently imposed on cable and satellite TV services, with the proceeds going to the Canada Media Fund, which supports the production of Canadian content. However, the same day the report was issued, Prime Minister Justin Trudeau came out to say that the government will not consider a tax on broadband that would increase taxes for the middle class.
Other tax-related proposals in the report include:
Click the following link for the full report.
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