‘Foxtel move’ is the most expensive cable package in Canada, says analyst

The average Canadian home now costs about $1,400 a month for basic cable service, according to data from market research firm Canaccord Genuity.

But the average Canadian household now spends more than $1.5 million on basic cable annually, and more than half of that is for the high-end bundle, according a report by the Toronto-based market research company Canaccond.

Canaccords analysis found that the average cable bill in Canada has more than doubled in the last five years, and that average household bill in 2017 was $3,849.

That’s an increase of more than 30 per cent in a decade.

The average household in Alberta is now spending nearly $7,000 a year for basic broadband, according the report.

It also found that, over the last decade, the average household has paid more for cable than the average person in the U.S. “The cable industry has not seen such rapid growth in Canada since the mid-2000s,” said Dan Kucharski, vice president of research at Canacconds.

“We’ve seen a big shift to the high end of the market and a lot of consolidation.

That means more of a cost-of-service mentality in the cable business, where people are trying to get better margins.”

The Canaccons report comes at a time when Canada’s cable industry is facing mounting pressure from consumer backlash.

Last year, the country’s Competition Bureau launched an investigation into the industry’s pricing practices, saying it is not providing enough competition in the market.

A year earlier, a panel of independent experts released a report that found that consumers have been being unfairly punished by cable companies for months, and were being left behind.

“They have not been able to attract high-quality content,” said Kucharksi.

“This has led to a big disconnect between consumers and the cable companies.”