Canada Price increases
The upcoming pricing changes in Canada are ridiculous and the justifications given are non-sensical. The current CAD 6.99 price is ALREADY more than 5 USD not to mention the taxes we have to pay on it already, CAD7.99 is too steep of an increase. Many other countries with weaker economies are getting sub price reductions, either in USD or local currency.
The justification for the change is "This year we are updating prices in several countries to help streamer revenue keep pace with rising costs and reflect local currency fluctuations." If they want to help streamers in North America, they should be increasing the prices in USD, not CAD. The US has a much stronger economy and a massively larger viewer base.
The exchange rate has been pretty stable for the last 8 years, hovering at around 0.75 USD / 1 CAD. 6.99 CAD has only dropped below 5 USD twice in that time, January 2016 and May 2020. At every other point in time, Canadians have been paying more for subs than Americans.
This is taxing the poor to feed the rich.