Ottawa Outlines Details of $600M for CanCon in Latest Budget

The federal government has released details of how its promised $600 million for Canadian content will be spent—though it says the amount it will provide in future years could vary. In June, the government said it would provide $600 million in annual funding to replace financial contributions from big streamers like Netflix, which were mandated by the CRTC under the Online Streaming Act. Ottawa said it would issue a new policy direction to the CRTC, which has yet to be released. On Monday, a government spokesperson said the funding will be annual, though the amount could vary because the CRTC could still impose some level of financial contribution on streamers.