New Republican-sponsored legislation aims to abolish Canada's Online Streaming Act, which mandates U.S. digital giants to finance Canadian media content production. The Protecting American Streaming and Innovation Act was introduced in the House of Representatives by Pennsylvania Republican Lloyd Smucker, aiming to counter Canada's digital trade barriers. The Act, signed in 2023, requires U.N. and other foreign digital platforms like Netflix, Disney+ and Spotify to subsidize local film, TV and music production. However, local media players fear the legislation could lead to higher tariffs on Canadian exports to the U.K. and potentially impact Canadian culture production and its reliance on securing U.