VIDEO: Netflix Canada plans biggest price hike yet as rivals step up

VIDEO: Netflix Canada plans biggest price hike yet as rivals step up

Netflix’s standard plan will now cost $3 more — or $13.99 a month

Another price hike is on the way for Netflix Canada subscribers as competition heats up among the biggest streaming video services.

The company behind “Narcos” and “Orange Is the New Black” is introducing its biggest price increase yet for both new subscribers and current members.

Netflix’s standard plan will now cost $3 more — or $13.99 a month — to watch content on two screens at a time.

The basic plan — which does not offer high-definition video and only allows one stream — rises a dollar to $9.99 a month.

Premium plan subscribers pay $3 more — or $16.99 a month — for up to four simultaneous streams and ultra high definition 4K video.

READ MORE: Netflix to invest $500M in Canada as part of cultural plan

Netflix says the higher prices are effective immediately for new subscribers, while existing users will be notified by email before their bills rise in the coming weeks.

The company most recently increased prices for most plans by a dollar about a year and a half ago.

Netflix says the move will help fund upcoming TV series and films as well as overall improvements to the Netflix platform.

READ MORE: Goodbye cable, hello Netflix – 1/3 of Canadians cut cord

But the company also faces intense competition next year as the number of streaming platforms in the Canadian marketplace with attractive offerings grows.

Earlier this month, Bell Media introduced a higher tier of its Crave streaming service that includes a selection of recent Hollywood movies and new HBO programs. The package, dubbed Crave+, costs about $20 per month.

Next year, Disney jumps into the market with its own streaming platform. Disney+ is expected to be stocked with movies and original series like a prequel to “Star Wars: Rogue One” and a Marvel superhero show based on the character Loki from “Thor” and “The Avengers.”

Other platforms could make headway too, including a new service operated by Criterion that specializes in classic films, and CBS All Access, which is beefing up its library of original shows that include “Tell Me A Story” and “Strange Angel.”

The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

The Trail Smoke Eaters will open the 2021 season on Oct. 8 against the Cranbrook Bucks in Cranbrook, and will have their home opener the next night against the same Bucks. Photo: Jack Murray
BC Hockey League announces 54-game schedule to begin in October

Trail Smoke Eaters open season with home-and-home series versus Cranbrook Bucks

“The Spirit of Family” enhances the Beaver Valley both in the daytime and at night. Photo: Submitted
Family sculpture installed at the Fruitvale Memorial Hall

Locals are encouraged to swing by Fruitvale Memorial Hall to take a… Continue reading

In 1927, swimmers enjoyed a day in the water at the CGIT and CSET Camp in Summerland. While none of the people in this photograph have smart phones, there is some debate about whether a beach image from the United Kingdom in 1943 shows a man using a smart phone. (Photograph courtesy of the Summerland Museum)
COLUMN: The mystery of the time-travelling tourist

Was the man in a 1943 photograph checking his smart phone?

The flotation line at Gyro Park beach in East Trail, shown here during low water, is for emergency purposes only and does not delineate a safe swimming area. Photo: Trail Times file
City of Trail cautions beach users

Gyro Park beach questions should be directed to the roads superintendent at 250.364.0817.

Presently in Canada, it is illegal to be in possession of a personal stun gun. Use of this tool is only licensed to federal and provincial police officers. The personal use of stun guns by unlicensed civilians is considered to be illegal and considered under the Canadian Criminal Code to be the equivalent of a weapon. Anyone found importing or in possession of a personal stun gun and is not a licensed law enforcement officer can be prosecuted under the Canadian Criminal Code. Photo: BC RCMP
Trail man faces weapons charge after police confiscate stun gun

The incident took place on Sunday near downtown Trail

People watch a car burn during a riot following game 7 of the NHL Stanley Cup final in downtown Vancouver, B.C., in this June 15, 2011 photo. THE CANADIAN PRESS/Geoff Howe
10 years ago: Where were you during the 2011 Vancouver Stanley Cup Riots?

Smashed-in storefronts, looting, garbage can fires and overturned cars some of the damage remembered today

(Black Press Media file)
Dirty money: Canadian currency the most germ-filled in the world, survey suggests

Canadian plastic currency was found to contain 209 bacterial cultures

(pixabay file shot)
B.C. ombudsperson labels youth confinement in jail ‘unsafe,’ calls for changes

Review states a maximum of 22 hours for youth, aged 12 from to 17, to be placed in solitary

Grace (left), a caribou that was born in a maternal pen north of Revelstoke, is alive and well said the province. It appears she even has a calf. Maternity pens aim to increase caribou calf survival by protecting them from predation until they are older and less vulnerable. (Contributed)
For the first time in years, caribou numbers increasing near Revelstoke

North herd growing but south herd still concerning

Eleonore Alamillo-Laberge, 6, reads a book in Ottawa on Monday, June 12, 2017. THE CANADIAN PRESS/Sean Kilpatrick
Parents will need to fight ‘COVID learning slump’ over summer: B.C. literacy experts

Parents who play an active role in educating their children this summer can reverse the slump by nearly 80%, says Janet Mort

Kelowna General Hospital. (File photo)
COVID-19 outbreak at Kelowna General Hospital declared over

Three people tested positive for the virus — two patients and one staff — one of whom died

The border crossing on Highway 11 in Abbotsford heading south (file)
Western premiers call for clarity, timelines on international travel, reopening rules

Trudeau has called Thursday meeting, premiers say they expect to leave that meeting with a plan

The B.C. government’s vaccine booking website is busy processing second-dose appointments, with more than 76 per cent of adults having received a first dose. THE CANADIAN PRESS/Jonathan Hayward
B.C.’s COVID-19 infections, hospitalizations stable for Tuesday

108 new confirmed cases, 139 in hospital, 39 in intensive care

Most Read