Industry Jun 5, 2026
Canada scraps streaming levy for $600 million cultural funding package
In short
The Canadian government seems to have scrapped the controversial streaming levy which would have seen a 5% levy charged on music and video streaming services.
Originally published by
Complete Music Update
The Canadian government has abandoned plans for a proposed 5% levy on music and video streaming services. In its place, the government has announced a commitment to provide "federal investments" totaling $600 million annually. This funding is intended to support the nation's audio and audiovisual industries. Originally reported by Complete Music Update.