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'Beer tax' capped at 2 per cent until 2026, Freeland announces

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Finance Minister Chrystia Freeland announced on Saturday that a planned increase to the excise tax on alcohol will be scrapped.

The alcohol excise tax was set to increase on April 1 by 4.7%, tied to inflation

The Canadian Press · Posted: Mar 09, 2024 3:38 PM EST | Last Updated: 11 minutes ago

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Finance Minister Chrystia Freeland, who is also Canada’s deputy prime minister, is shown at a news conference in Ottawa on Feb. 6. (Adrian Wyld/The Canadian Press)

Finance Minister Chrystia Freeland says the federal government will cap the annual alcohol excise tax increase on beer,

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This story was originally published on  CBC News. To read the rest of this news worthy story, please visit https://www.cbc.ca/news/politics/alcohol-excise-tax-capped-two-years-1.7139374?cmp=rss.

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