Netflix to Cost Canadians More: Price Hike Announced

Netflix is raising its prices in Canada. The U.S.-based streaming company announced that its cheapest plan, which includes ads, will increase by $2, bringing the monthly cost to $7.99.

Similarly, the standard plan, which is ad-free, will become $2.50 more expensive, rising to $18.99 per month. The premium plan will also see a price increase of $3 per month, bringing its cost to $23.99.

However, there will be no change to the fee for adding additional members. Netflix stated that the price increase is effective immediately for new customers, while existing members will see the change on their next bill.

In addition, Netflix is also raising prices for most plans in the U.S., Portugal, and Argentina. Notably, the company last increased its prices in Canada in 2022.