The American Chamber of Commerce in Canada (AmCham Canada) strongly welcomes today’s announcement by the Government of Canada that it will direct the CRTC to review its regulatory framework for online streaming. This decision marks a positive step toward maintaining economic predictability, protecting Canadian consumers from inflationary pressures, and creating the conditions necessary to advance a broader Canada-U.S. trade agreement that supports prosperity on both sides of the border.
U.S. companies across the digital, entertainment, and technology sectors are deeply invested in Canada, contributing billions of dollars to local economies, infrastructure, and job creation. While our members remain committed partners in supporting a thriving Canadian cultural landscape, imposing rigid and disproportionate regulatory costs risks driving up consumer prices at a time when household budgets are already under significant strain.
By utilizing direct federal investment to support domestic culture rather than relying solely on regulatory mandates, the government has adopted a pragmatic approach. This strategy successfully balances cultural objectives with the need to sustain a competitive, open, and affordable digital marketplace.
A fair, transparent, and stable regulatory environment is essential for fostering continued foreign direct investment and strengthening the integrated U.S.-Canada economic partnership. AmCham Canada looks forward to engaging constructively with the federal government and the CRTC to support a framework that encourages innovation, protects trade ties, and preserves affordable choices for all Canadians.