Royalty rates are set by the Copyright Royalty Board, and vary by format. The rates for streams and ringtones are the same regardless of song length. Rates for downloads and physical releases are slightly higher for songs over five minutes:
5:01 or more
1.75 cents per minute (or fraction thereof) over 5 minutes
For example:
5:01 to 6:00 = $.105 (6 x $.0175 = $.105)
6:01 to 7:00 = $.1225 (7 x $.0175 = $.1225)
7:01 to 8:00 = $.14 (8 x $.0175 = $.14)
8:01 to 9:00 = $.1575 (9 x $.0175 = $.1575)