In the latest management report published by the Luxembourg based Spotify, Canadians were given some good news, Spotify will expand into Canada. The world's biggest streaming music service currently operated in 15 countries and their Canadian expansion is part of a larger move solidify its leadership position (other possible expansions include Asia and South America). 

Although revenues are increasing rapidly, Spotify is still losing money hand over fist. The biggest US competitor Pandora still has no announced plans to re-enter the Canadian market (because of the high per song royalty fees demanded in Canada).