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Canadian Beer Industry Calls For Tax Cuts

by Mike Godfrey, Tax-News.com, Washington

16 January 2018


Canadian brewers have called on the federal Government to scrap plans for an automatic excise duty escalator, claiming that taxes already account for 47 percent of the cost of a bottle of beer.

Industry association Beer Canada has launched "axethebeertax," a new campaign against what it described as "runaway taxation."

Budget 2017 increased excise duties on alcohol products by two percent. It also provided that rates be automatically adjusted by the Consumer Price Index (CPI) on April 1 of every year, starting in 2018.

Beer Canada said that Canada already has "one of the highest beer taxation rates in the world." It argued that the CPI escalator "will continue to drive the tax rate up, unchecked, with no end in sight."

Beer Canada Chair George Croft said: "Imagine being stuck on an escalator going up and up, and you cannot get off, and you cannot make it stop – that's what beer lovers in Canada are facing with this escalator tax. We need people who love beer to help us axe the escalator tax."

Beer Canada has called upon drinkers to sign a petition against the measure, and to write to their MP and the federal Finance Minister.

According to Beer Canada, 85 percent of beer consumed in Canada is made in the country, with the "beer economy" contributing CAD13.6bn (USD10.9bn) a year to Canada's GDP. It also said that the industry supports 149,000 jobs and generates CAD5.7bn in tax and other revenues a year.

TAGS: tax | excise duty | food | tax rates | Canada | tax reform | trade association | trade

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