Joly could reconsider OTT regs over Quebec: Desjardins
Media | 05/23/2017 2:27 pm EDT
Pressure from Quebec could lead Heritage Minister Mélanie Joly to consider imposing taxes on foreign over-the-top (OTT) services, according to Desjardins Capital Markets analyst Maher Yaghi.
Yaghi drew on a May 3 column in Le Devoir by NDP MP and heritage critic Pierre Nantel, who argued that choosing not to tax foreign online players, such as Netflix Inc. and Facebook Inc., will have a harmful effect on Quebec culture, as more people migrate to those platforms and with them go revenues that contribute to Quebec production funds.
“Potential anger resulting from the absence of
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