You're going to have to pay more to Netflix and chill

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Prepare to pay more for Netflix.

The steaming service is boosting the price of two of its monthly plans in Canada.

The basic plan will remain unchanged at $9.99 a month, but the standard monthly plan is going up by $1.00 to $14.99, and the premium by a toonie to $18.99.

Netflix officials say the hike will allow it to invest more in films and shows and improve members product experience.

The new charges will roll out in the coming weeks according to subscriber's billing cycles.

Subscribers will be notified about the changes via email.