Canada's Tax Hike on Booze: A Squeeze on Workers & Businesses
Vancouver News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Canadas set for a two percent federal tax hike on alcohol, starting April 1st, sparking criticism from critics who argue itll burden everyday folks and threaten jobs in local breweries and distilleries. The tax, which automatically rises with inflation, was initially set to jump by six point three percent last year but was capped at two percent for small booze businesses. Pierre Poilievre and the Canadian Taxpayers Federation criticize the move, labeling it undemocratic and a drain on taxpayers. Brewing unions and hospitality owners warn of potential layoffs and stalled investments, while Nova Scotia brewers highlight the real squeeze on communities.
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