WASHINGTON, D.C. – National Foreign Trade Council (NFTC) Senior Director Brad Wood today issued a statement following Canada’s decision to set new policy direction for the Canadian Radio-television and Telecommunications Commission’s (CRTC) implementation of the Online Streaming Act:
“We welcome Canada’s decision to change course on the CRTC’s implementation of the Online Streaming Act, which would have been greatly detrimental to American companies’ ability to do business in the Canadian market. Today’s decision also reflects that if targeted funding to support Canadian content is needed, it should come from the Canadian government, not U.S. companies.
“This change is a step in the right direction, and we look forward to engaging the government as it develops a new policy direction for the CRTC.”
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About the NFTC
The National Foreign Trade Council (NFTC) is the premier business association advancing trade, tax, national security, and supply chain policies that support access to the global marketplace. Founded in 1914, NFTC promotes an open, rules-based global economy on behalf of a diverse membership of U.S.-based businesses, who account for over $6 trillion in revenue and employ nearly 6 million people in the United States.
