The news comes from a Reuters report that doesn't provide any information about plans, pricing or availability. We also don't know exactly what movies and TV shows will be offered yet, but the library will likely be different from the one that U.S. consumers enjoy because Netflix must form separate agreements with movie and TV studios and distributors in each country it enters.
According to ReadWriteWeb, Netflix will use Canada as a trial for international expansion. Hastings and other Netflix executives will take some time to see how the service performs there before expanding to any other countries.
Hastings has said in the past that he expects Wi-Fi and Netflix to be built into all televisions before long — a good thing, since he believes that the company will live or die by how effectively it transitions from shipping DVDs to streaming videos online. He doesn't expect to stop shipping DVDs until 2030, though, so we may yet see a Netflix DVD-by-mail service in Canada after all.