Regarding the selection I read an interesting article yesterday. They figured the gap between canadian/us netflix would eventually be non-exsistent mainly due to the fact that when US netflix users travel to Canada they don't have access to the service and vice versa for us. Eventually there would just be the same netflix available to both US and Canada so there would be no limitations during travel. Of course some of this has to do with what fredr123 pointed out above.
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