It's been almost two years since Netflix last raised its prices, and it looks like the company thought it's time for an increase. Netflix Canada announced that its standard plan would go up by a dollar to $14.99, and its premium plan by two dollars to $18.99. The basic $9.99 plan will remain unchanged. The increase comes as the streaming service wants to "invest more in films and shows as well as the quality of members' product experience."
New subscribers will see the updated prices immediately while existing members will be updated on the change via email and the Netflix app 30 days before the new fees are applied to them.
Source: CTV News