Netflix, Disney+ And Amazon Just Dodged Massive Canadian Streaming Levies That Would Have Cost Billions

Canadian Prime Minister Mark Carney has halted regulations under the Online Streaming Act that would have required U.S. streaming services Netflix, Amazon Prime Video, and Disney+ to invest billions in Canadian television production. The decision, citing affordability concerns for consumers, came after trade discussions between Canadian and U.S. officials, though the government denies it's tied to ongoing trade negotiations with the Trump administration.