Thanks to pressure from industry, the feds have backed off on their promise to deliver an alcohol excise tax increase in the 4% range. This is now being held at 2% for the next two years as well as an unexpected bonus for brewers!
"And there's more good news for craft breweries! The excise duty rate on the first 15,000 hectolitres of beer brewed in Canada will by cut in half for two years. This will provide the typical craft brewery with up to $86,952 in additional tax relief in 2024-25."
Thanks, truckers!
https://www.canada.c...uty-relief.html
Edited by Matt R., 12 March 2024 - 02:29 PM.