Netflix Canada subscribers, prepare to start paying more for your binge watching. The streaming service has announced that their monthly subscription cost is about to go up, and not just by a few cents. The price increase is actually their biggest yet.

Your Netflix standard plan is about to cost an extra $3 a month, or $13.99 CAD, to watch on two screens at a time. The basic plan, which only allows you to watch on one screen at a time and doesn't including high-definition streaming, will now cost $9.99 a month.

The premium plan will cost $16.99, which allows you to watch on up to four screens at a time in 4K video quality. The price hike will apply to existing memberships as well as new ones.

Netflix Canada hiked their prices by a dollar about a year and a half ago. This latest hike is reportedly in response to the rise in competition amongst subscription-based streaming services like Crave, which now includes HBO programming in their lineup. Crave subscriptions are about $20 a month, significantly more expensive than Netflix even with the impending price hike.

READ ALSO: 19 Top Trending Christmas Movies That You Need To Watch On Netflix Canada Right Now

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Also coming soon to Canada is Disney-owned streaming platform Hulu, which boasts popular shows like "The Handmaid's Tale" and "This Is Us". Hulu is slated to make its way into the Canadian market sometime in 2019.

READ ALSO: The Best 7 New Christmas Movies Coming To Netflix Canada In November 2018

Needless to say, Canadian Netflix subscribers aren't happy about the price hike news. Many people are saying that if Netflix plans to start charging more, they better sweeten the deal with more and better viewing options.

The Death Of Netflix Canada

Source: CTV News

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