Netflix Canada is increasing the monthly subscription rates. While the basic plan remains the same at $9.99 a month, the standard plan is increasing by $1 to $14.99 and the premium plan is going up by $2 to $18.99 a month.
Netflix says it’s implementing the price increase so it “can invest more in films and shows as well as the quality of members’ product experience.”
The company says new members who sign up will see the updated prices effective immediately. The new charges will roll out to existing members according to their billing cycle over the coming weeks.