Another price hike is on the way for Netflix subscribers in Canada as competition heats up among the biggest streaming video services. The basic Netflix Canada plan — which does not offer ultra high-definition 4K video and allows streaming on one device at a time — rises a dollar to $9.99 a month. Netflix's standard plan will now cost $3 more — or $13.99 a month — to watch content on two devices at the same time. Netflix says the higher prices are effective immediately for new subscribers, while existing users will be notified by email before their bills rise in the coming weeks. The company increased prices for most plans by a dollar about a year and a half ago.

Source: CBC News November 29, 2018 15:09 UTC