The cost of enjoying an alcoholic beverage in Canada just went up.
Under the Excise Act, 2001, the Government of Canada has raised the rates of excise duty on spirits, wine and beer.
The adjusted taxes charged on domestic alcohol products took effect on April 1, 2018 and are set out in the tables below:
According to the government’s website, rates are “adjusted annually every April 1 based on changes to the Consumer Price Index (CPI).”
It’s no #AprilFools joke. Starting today, the automatic escalator tax on #beer will happen in perpetuity every year, with no votes or discussion in #cdnparl. If you disagree with this, write your MP, sign & share our petition to #axethebeertax at https://t.co/AAjF2XLurt #cdnbeer pic.twitter.com/gv0yKAnp16
— BeerCanada 🇨🇦 (@BeerCanada) April 1, 2018
An online petition is also being circulated by members of the brewing industry, calling to Axe the Escalating Beer Tax, and claims that “47% of the price of beer is government tax,” and that “Canada has one of the highest beer taxes in the world.”
Not exactly something worth cheersing to.