This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.  
  • Delicious


Close

Password Reminder

Please enter your email address to receive a password reminder.

 

Log into Tax-News+
Not registered yet? Find out about our daily news alert service »

Email Address: 
Password: 

Login »

Forgotten your password?


Today’s Top Headlines




Sugary Drinks Tax Proposed For Canada's Northwest Territories

by Mike Godfrey, Tax-news.com, Washington

07 February 2017

Canada's Northwest Territories will introduce a sugary drinks tax in 2018-19.

In his 2017-18 Budget address, Finance Minister Robert McLeod said that the Government intends to introduce the tax in 2018-19 but will "take the time during the upcoming fiscal year to ensure our approach is as effective as possible."

The tax would act as "a price incentive to discourage the consumption of sugary drinks that are linked to health issues such as obesity and diabetes," he explained.

There have previously been calls for a federal tax on sugar-sweetened and artificially-sweetened drinks.

In March 2016, the Standing Senate Committee on Social Affairs, Science, and Technology recommended that the Government "assess the options for taxation levers" for reducing consumption of such drinks. In addition, industry body Dietitians of Canada has called for the application of an excise tax of at least 10-20 percent on sugar-sweetened drinks.

TAGS: tax | Health tax | food | Canada

To see today's news, click here.

Leave a comment

Read our Posting Guidelines