Netflix is raising prices in Canada
Netflix is jacking up prices on some of its plans in Canada. The standard HD, two-screen subscription is going up from $14CAD to $15. The premium 4K HDR plan, which allows members to stream shows and movies on four screens simultaneously, is increasing from $17 to $19. The basic plan will still cost $10/month.
The updated pricing takes effect immediately for people who are just signing up to Netflix Canada, according to the Canadian Press. Engadget has contacted Netflix for confirmation, as the $14 and $17 rates are still displayed during the signup process.
The increases will roll out to current subscribers in the coming weeks, depending on billing cycles. They’ll get a heads up by email and in the Netflix app 30 days before the new rates are applied to their accounts.
The company said in a statement it’s “updating our prices so that we can continue to invest in more shows and films. As always we will continue to offer a range of plans so that people can pick a price that works for their budget.”
Netflix has canceled a number of shows recently over complications related to COVID-19. Among them are the excellent GLOW, which isn’t getting a fourth season after all, I Am Not Okay With This and The Society.
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