I actually think the CRTC's protectionism of Canadian content is self-defeating. As long as Canadian content is funded by governments and propped up by the CRTC, it all tends to be so cloyingly "Canadian". Stories about growing up in rural Alberta, or Muslims on the prairies, or parody shows about boring Canadian politics... Its all so adorkably Canadian
Ask yourself.. Why doesn't Canada make anything that's "cool"? It's because all Canadian content is like a super-lame teacher's pet, trying to show how wholesomely homegrown and Canadian it is so it will get government funding. But as a consequence, there's almost nothing with any kind of edge. And so it is self-defeating, because protecting it is what's keeping it from having honest mass appeal.
If left to the free market, maybe Canadian content would actually have to develop a sense of spectacle like in America...
I have always said to people that the CBC needs its own Doctor Who, a Canadian sci-fi show with half-decent budget and that is willing to explore some cool themes. Something like a futuristic cyberpunk setting that just happens to be in Canada would be really neat. Think the Picus Montreal level in Deus Ex Human Revolution.
Anyways, I probably won't bother with cable when this rolls around, we'll see.