Discussion · Government Orders
Ryan Turnbull Liberal
“We are cutting the tax in half for the first 15,000 hectolitres of beer for craft brewers. We also capped tax increases at 2% for bigger brewers, which is what they asked for.”
“Madam Speaker, while I appreciate the member opposite’s question, I think, just to clarify, what I said was that “we were cutting in half the excise duty rate on the first 15,000 hectolitres of beer brewed in Canada for two years,” so this is an extension of a previous measure, which does change the escalator. There are two different portions of this. The portion I am mentioning is geared toward craft brewers, but in general, we have decreased the escalator to 2%, or capped it at 2%. That is good news because what we have heard from our major brewers in Canada is that they budget for 2% excise duty, so it is exactly what they would expect and what they have asked for.”
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Madam Speaker, while I appreciate the member opposite’s question, I think, just to clarify, what I said was that “we were cutting in half the excise duty rate on the first 15,000 hectolitres of beer brewed in Canada for two years,” so this is an extension of a previous measure, which does change the escalator. There are two different portions of this. The portion I am mentioning is geared toward craft brewers, but in general, we have decreased the escalator to 2%, or capped it at 2%. That is good news because what we have heard from our major brewers in Canada is that they budget for 2% excise duty, so it is exactly what they would expect and what they have asked for.