Spotify will be launching its music streaming service in Canada, according to the Swedish company’s management team. The official date has not yet been released, nor has the timeline for entry into the Asian and South American markets, also on the company's expansion agenda.

Spotify has three tiers of service offerings including a free service which is supported by advertising revenue. The advertisement-free unlimited services are available for $4.99 monthly or $9.99 a month with premium features.

Canada represents a strong market of nearly 35 million and the 7th biggest recorded music market in the world in 2011 with $164 million in digital revenue, according to a article.

Spotify, which is currently available in 15 markets worldwide including the US, UK and Germany, has 15 million active users with four million of those paying for the service.

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