The cable package is expected to be around $25 a month and would consist of local stations and mandatory channels, such as the Weather Network, APTN, educational channels and accessibility channels, plus all news channels in English and French.
The Canadian Radio-television and Telecommunications Commission'sis also planning to make providers offer pick and pay options.
Customers will be allowed to pick a selection of channels they want from a list of options – the so-called "pick a pack" option or "pick-and-pay" — buying only the channels they want on a monthly basis.
The CRTC has been holding hearings into revamping cable options for consumers for the past year.
While there has been some resistance from the industry, there is a feeling that change is inevitable and the changes may help the cable and satellite industry keep the customers they have and maybe lure some back.
The announcement on upcoming changes will be released at 4 p.m. ET.