Canadians should expect to see their monthly charges from Netflix rise in the coming weeks—likely to be in effect by this upcoming November—following an announcement that it “can invest more in films and shows as well as the quality of members' product experience” with the rise in charges.
According a report from the Canadian Press, Netflix has said that the basic subscriber plan will remain unchanged at $9.99 a month, but the standard monthly plan is going up to $14.99 (a $1 increase), and the premium will increase by two dollars to $18.99.
What's the difference? While basic plan subscribers can only watch on one screen at a time at a lower-quality resolution, the standard plan makes room for two screens and high-def resolutions. Premium offers watching Netflix on four screens and the use of ultra HD 4K video.
Anyone who is new to the platform will see the price changes go into effect immediately. For those that are already signed up, existing members should see emails and notifications from the Netflix app 30 days before the new prices are applied to them.
The last time Netflix rose its price was back in November 2018, when the basic plan went up a buck to $9.99, the standard plan by three to $13.99, and the premium plan with the same rise of three dollars to $16.99.
In a statement today by Netflix, they said that “Canadians have never had more choices when it comes to entertainment and we're more committed than ever to delivering an experience that exceeds their expectations,” nothing that in wanting more variety, "we're 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.”
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