Americans have had to deal with many Amazon Prime raises interest rates Over the years, but not Canadians – these northern neighbors have paid the same $8 CAD per month or $79 CAD per year since Prime got there in 2013. However, time The good period is coming to an end. MobileSyrup yes have learned Amazon Canada is raising Prime prices to $10 CAD per month and $99 CAD per year. It’s still a relative bargain when Americans pay $15 per month or $139 per year, but Canadians won’t gloat (politely) as much as they used to.
Existing Prime users will see the increase take effect with the next renewal after May 13. New customers will have to pay a higher rate. Prime Student members will also pay $5 CAD per month instead of $4 before.
The explanation is a familiar one. In a statement, Amazon said it “continues to invest heavily in Prime” amid fast shipping, a larger Prime Video catalog, and perks like Music and Prime Gaming. It costs a lot to deliver Lord of the Rings series and other content, in other words. Whether you agree with Amazon or not, it’s almost surprising that the company hasn’t raised prices before heavy spending on movies and TV shows.
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