What’s Behind Canada’s High Internet Costs?

The internet is an essential component of our lives. From allowing us to connect with people from all over the world to accessing information, entertainment, and even work, there is no doubt that everyone has use for the internet. However, many Canadians find that accessing the internet can be quite expensive and are often surprised to learn that they may be paying significantly more than people in other countries.

At POYNT360, we are dedicated to providing our customers with flexible and affordable high-speed internet packages. With a commitment to offering competitive prices, we hope to make accessing the internet more feasible for Canadians. Yet we also know that for some, internet costs can still be quite cumbersome or unaffordable. In this blog post, we’ll explore some of the reasons why internet is so expensive in Canada and offer insight into how to find cheaper internet solutions.

Why is Internet So Expensive in Canada?

One of the primary reasons why the internet is expensive in Canada is the lack of competition in the marketplace. Unlike some other countries, where multiple internet service providers (ISPs) operate and compete with one another, Canada has a relatively small number of ISPs. Though legislation is in place to help prevent monopolies, the relative lack of competition leads many Canadians to feel that high-speed internet providers are charging higher prices simply because there are fewer options for consumers to choose from.

Another factor that contributes to the high cost of internet in Canada is the vastness of the country itself. Canada is the second-largest country in the world by land area, though it has a relatively small population. This makes it more challenging for internet service providers to install and maintain the infrastructure needed to provide internet access to these remote areas. This increased cost is often passed on to consumers in the form of higher prices.

How Can I Find a Better High-Speed Internet Rate?

Getting a better price for high-speed internet is a priority for many Canadians. Yet knowing how to find a great price on high-speed internet can sometimes feel like a challenge. To make your high-speed internet more affordable, consider looking for a high-speed internet package that can be tailored to your usage needs. Avoid over-paying for services that you don’t use and get a package that suits both your usage needs and budgets.

You may also wish to consider high speed internet and satellite TV bundles to save even more on your home telecommunications services. There are a variety of ways in which consumers can look to save money on high-speed internet though finding a provider that offers flexibility in package options may be the best bet.

Though it is true that high-speed internet is often more expensive in Canada when compared to other countries, it is important to know that more affordable internet options are available. See our post, How Much Does Internet Cost Per Month in Canada?, for more information on what you can expect when it comes to internet prices and let a member of our team help you find a solution for internet that fits your budget and usage needs.