Price of beer up across Canada after Easter weekend tax hike
From CBC News Kitchener-Waterloo
The federal tax on domestic and imported beer went up by about 1.5 per cent on April 1, the first of a series of “escalator” tax increases announced by the federal government in the 2017 budget. (Justin Sullivan/Getty Images)
Federal government’s escalator tax sees first yearly increase on beer at 1.5%
Be prepared to pay more for your brew after the Easter weekend tax hike.
The federal tax on domestic and imported beer went up by about 1.5 per cent on April 1, the first of a series of “escalator” tax increases announced by the federal government in the 2017 budget.
The increases are tied to inflation, and are strongly opposed by Beer Canada, a group that represents brewers.
According to the group, nearly half of what consumers pay for beer right now is tax.
Filed under: Beer In The News, Business of Beer, Politics & Advocacy
Tagged under: Canada, domestic beer, Escalator Tax, federal government, federal tax, imported beer
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