This is the streaming service's idea of a compromise. But will the government agree? And how will Canadian broadcasters react if they do? 

“Simply imposing the regulatory obligations of licensed Canadian broadcasters on online entertainment services would not be an appropriate approach,” [said Stéphane Cardin, Netflix’s director of public policy.] “Services like Netflix do not perform the same roles as traditional broadcasters, nor do we have the same content strategy.”

"Cardin said imposing a 30 per cent spending requirement on online services wouldn’t be fair or equitable. He argued the company receives no regulatory benefits from the CRTC, and doesn’t carry news or live sports, the two categories where most of the traditional broadcasters’ CanCon funding is spent.

"He warned imposing stringent rules on online services could lead to some of them choosing not to enter the Canadian market."

And therein lies the threat. Rogers argues everyone should play by the same rules. While Corus took a clever tack, noting that yes, streaming services are a different animal - and as a result of the changes in the overall broadcasting landscape, everyone should have fewer and "less onerous" CanCon obligations in order to compete. 

From The National Post:

Netflix will create CanCon but wants more flexibility than traditional broadcasters get, MPs told