Netflix is raising its prices in Canada.
The streaming giant says the monthly cost of its cheapest offering B´ÎÔª¹ÙÍøÍøÖ·“ the standard plan with ads B´ÎÔª¹ÙÍøÍøÖ·“ is going up by $2 to $7.99 per month.
The standard plan without ads will increase by $2.50 per month to $18.99 while the premium plan jumps $3 per month to $23.99.
ThereB´ÎÔª¹ÙÍøÍøÖ·™s no change in the fees to add an extra member.
The new prices take effect immediately for new subscribers, while existing members will see the change on their next bill.
A letter to shareholders says the increase is due to programming investments.
Netflix says itB´ÎÔª¹ÙÍøÍøÖ·™s also changing fees across most plans in the United States, Portugal and Argentina. Prices last went up in Canada in 2022.