Netflix Canada ups prices on standard, premium plans
The cost of streaming Netflix in Canada is about to go up for some users.
The company behind Stranger Things and Tiger King announced Thursday that it is increasing the price on some of its plans, with standard rates going up by one dollar to $14.99, and the premium option increasing by two dollars to $18.99. The streaming giant’s basic plan will remain unchanged at $9.99.
“Canadians have never had more choices when it comes to entertainment and we’re more committed than ever to delivering an experience that exceeds their expectations. Members tell us how much they value variety and we’re updating our prices so that we can continue to invest in more shows and films,” Netflix said in a statement announcing the price hike. “As always we will continue to offer a range of plans so that people can pick a price that works for their budget.”
The basic plan lets users watch on one screen at a time, while the standard plan allows two screens with HD quality video. The premium package lets viewers watch on up to four different screens and streams in ultra HD 4K video.
Last year, Netflix announced it was setting up a production hub in Toronto taking long-term leases on eight sound stages at separate studios near the city’s waterfront.
“With this commitment to Pinewood Toronto and Cinespace, we are proud to continue our investment in Canada and Canadian films and series,” Ty Warren, VP of Physical Production for Netflix, said in a statement.
The streamer has shot TheUmbrella Academy, Locke & Key, The Christmas Chronicles and Kiefer Sutherland’s political thriller series Designated Survivor, among others, locally.
Netflix’s last price increase came in November 2018, when the company upped its basic plan by a dollar, and standard and premium plans by $3.
New subscribers will pay the higher prices effective immediately, while existing users will be notified by email, as well as within the Netflix app, 30 days before the new prices are applied to them.