Facebook, Netflix, Spotify, YouTube, and other online firms reach Canadians directly, outside of Canada's regulated broadcast system.
Of course, Netflix has already been doing biz in Canada.
Joly announced that $125 million has been earmarked over five years to support a creative export strategy that includes the new Creative Export Fund, which will be launched in 2018 with the aim of helping cultural producers increase their presence outside the country.
It has yet to be revealed if the deal will entail a Canadian office and whether it will affect the tax status for the service in Canada.
Well known media figures David Suzuki, Xavier Dolan, Atom Egoyan, Erik Canuel, Meg Tilly, Tracey Tekahentakwa Deer and Philippe Falardeau signed the open letter, which was filed before Heritage Canada announced its new plan.
Netflix's investment will not only help television shows and film productions, but various music producers and digital content as well.
Ottawa will seek to expand global co-production treaties to grow production budgets and attract financing partners, she said.
Volkswagen to take €2.5bn hit from emissions scandal
Announced Friday by the German automaker, the added cost could push Volkswagen's total damages from the scandal past $30 billion . He was in charge of Audi's engine development from 2001 to 2007 before taking over the role for the entire Volkswagen Group.
Roku shares jump more than 50% in trading debut
It generated revenue of $199.7 million in the first six months of 2017, up 23% from $162.3 million in the same six months of 2016. Earlier reports had Roku targeting a $ 1 billion market cap but the pricing of the IPO values it at $1.3 billion.
Egyptian woman, who was world's heaviest, dies in UAE hospital
Following the procedure , which was paid for through a crowdsourcing campaign, she managed to reduce her weight to just 176kg. But after her family fell out with docs at Saifee hospital in May, she was later flown to Abu Dhabi's Burjeel hospital .
Trump under fire over National Football League and Puerto Rico
The Department of Homeland Security hasn't waived the act for Puerto Rico, which was devastated by Hurricane Maria last week . He went on to thank the governor of Puerto Rico and mayor of San Juan for being "very generous with their statements". "Mr.