Industry Jun 4, 2026
Canada Invests $600M in Music and Media Amid Streaming Act Debate
In short
As the U.S. and major streamers push back against the so-called "streaming tax," the Canadian government says funding will "provide stability and immediate support."
Originally published by
Billboard
The Canadian government has announced a significant investment of $600 million in the music and media industries. This funding is intended to offer stability and immediate support to the sectors.
The announcement comes at a time when the country faces opposition from the U.S. and major streaming services regarding its Online Streaming Act, which has been referred to as a "streaming tax." Originally reported by Billboard.