It’s not an April Fool’s joke: The Trudeau government is intent on hiking the booze tax next week, despite calls to do away with the increase. The planned hike in the alcohol excise duty is the biggest in over four decades, a 6.3% jump, effective April 1. That’s on top of prior jumps that have...
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That’s on top of prior jumps that have been happening since an alcohol escalator tax was passed in the 2017 federal budget. It increases the excise taxes on alcohol by the rate of inflation annually, which means pain is coming thanks to spiking consumer costs.
The tax hike has drawn fire from the beer and hospitality industries and others. A majority of MPs recently voted for a “non-binding motion” which calls on the “government to cancel its April 1, 2023 tax increase on beer, wine and spirits.”
The motion, sponsored by Conservative Leader Pierre Poilievre, passed
170-149. Jagmeet, is this the straw that breaks the camel’s back? Apparently not….