Netflix has announced a price increase for its subscription plans in Canada, as well as in the United States, Portugal, and Argentina. This change marks the first adjustment in Canadian pricing since 2022. The new prices affect various plans, including the standard plan without ads, which sees a $2.50 increase, bringing it to $18.99 per month. Meanwhile, the premium plan will experience a $3 rise, reaching $23.99 per month.
The streaming giant is implementing these changes across most of its available plans in the countries mentioned. The standard plan with ads will also see a price hike of $2, setting the new monthly cost at $7.99. However, Netflix has not specified changes across all plans in every country affected, nor has it detailed any adjustments for regions outside Canada, the US, Portugal, and Argentina.
In Canada, this marks the second price increase in two years. In 2022, Netflix similarly adjusted its pricing structure to accommodate its growing content library and service enhancements. While previous prices have not been disclosed, the current increase represents a consistent effort by Netflix to align pricing with its evolving offerings.
The announcement comes as Netflix continues to expand its content catalog and invest in new technologies to enhance viewer experience. By adjusting prices, the company aims to sustain its competitive edge in the rapidly growing streaming industry. Subscribers in the affected regions should expect these changes to take effect soon, although Netflix has not provided specific dates for implementation.
