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

Washout brings delays to drivers heading in and out of Tofino-Ucluelet

West Coast commuters are facing delays Tuesday morning.

Ucluelet’s Royal Marine Search and Rescue team seeking new recruits

“We’re on call for anything and everything on the water.”

Five rescued after boat crashes between Tofino and Ahousaht

“Ahousaht has always been a willing participant to save anyone who is in distress in our territory.”

Search continues for missing Tofino dog allegedly taken by tourists

Shannon Boothman fears Itska has been taken off Vancouver Island after sighting at Nanaimo ferry.

Northbound lanes re-open along Malahat after small rockslide near Goldstream

Drivers asked to use caution, clean-up crews have finished on-site

VIDEO: Ron MacLean says he doesn’t believe former co-host Don Cherry is racist

Sportsnet fired Cherry on Nov. 11, two days after controversial on-air comments during ‘Coach’s Corner’

‘Our culture is not a religion,’ indigenous educator tells B.C. Supreme Court in case of smudging at school

Mother also gave evidence Tuesday in Nanaimo courtroom, case continues Wednesday

B.C. man who killed Belgian tourist near Boston Bar gets life in prison, no parole until 2042

Sean McKenzie pleaded guilty to second-degree murder of 28-year-old Amelie Christelle Sakkalis

Trudeau to take sober approach to unveiling new cabinet for minority mandate

Liberals survived a bruising campaign that diminished Trudeau’s stature as a champion of diversity

Lowe’s says it will close 34 ‘underperforming’ stores across six provinces

The stores include 26 Ronas, six Lowe’s and two Reno-Depots

B.C. to advocate for frustrated, confused, unhappy cellphone users, says premier

Maple Ridge New Democrat Bob D’Eith to advocate for more affordable and transparent cellphone options

Salvation Army kettle campaign targets $200,000 for Island residents in need

Goal is to raise $250,000 this year for Vancouver Island residents needing support

‘Very disrespectful’: B.C. first responder irked by motorists recording collisions on cellphones

Central Cariboo Search and Rescue deputy chief challenges motorists to break the habit

Most Read