Beer, wine and spirits tax set to rise April 1 as brewers call for relief

CTV: The federal government raises excise taxes on beer, wine and spirits each year on April 1 under an automatic “escalator tax,” introduced in 2017 and tied to inflation. In 2023, the increase would have exceeded six per cent because of high inflation, but was capped at two per cent following pressure from brewers, distillers, the hospitality industry and the Opposition.

That two‑per‑cent increase is now set to take effect on Wednesday. Meek says he would like to see the annual increases scrapped altogether…

Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
×