Industry insiders worry up to a third of Canada’s craft brewers won’t survive the coronavirus pandemic

Canadians have been lining up outside liquor stores and stocking up on alcohol to make staying at home during the coronavirus pandemic more palatable, but craft beer insiders say COVID-19 has still cut the froth out of their industry.

A recent online survey from the Canadian Craft Brewers Association found that among the 317 breweries and brew pubs that responded, almost half saw their March revenues drop by more than 50 per cent from the previous year. More than half are expecting the same or worse for April.

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  Filed under: People of Beer, Business of Beer
  Tagged under: Canada, Canadian Craft Brewers Association, coronavirus pandemic, Covid-19, craft beer, Craft Brewers, Profits, Sales Plummet