Canada’s beer sector isn’t raising a cold one to Chrystia Freeland, and many consumers might not either. An inflation-indexed alcohol tax increase of 6.3% is expected to begin April 2023, which some argue will leave buyers and brewers feeling the pinch.
Grain producers, brewers and restaurateurs argue an upcoming tax hike will impact their sectors and contribute to consumers’ inflationary woes.Prime Minister Justin Trudeau offers a beer to a patron as he pours pints at a pub in 2015 in Toronto. Industry is now calling for a freeze on an inflationary indexed tax his government implemented in 2017.
At the root of its dissatisfaction? An annual inflation-indexed alcohol tax. Brewers, and the industries that depend on them, spent months lobbying the government to freeze the tax and prevent an outsized increase that is due to take effect on April 1, various organizations toldDespite Freeland’s reassurances in the House of Commons that Canada’s economy is a “well-built house with a solid roof,” a beer tax increase of 6.3 per cent could hit some consumers where they live, they said.
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