A package of beer cans moves along a conveyor at the Waterloo Brewing brewery in Waterloo, Ontario, Canada.
Canada’s finance minister announced tax relief aimed at the country’s small breweries ahead of a deadline that would have seen certain duties on domestic beer, wine and spirits more than double.
The government is proposing to cap an inflation adjustment for excise taxes charged on domestically produced beer, spirits and wine at 2% for the next two years, Chrystia Freeland said in a statement Saturday, extending a similar limit implemented last year. It was previously set to increase to 4.7% as of April 1.
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