When making a purchase, customers may notice a change in the price of alcohol starting on April 1. Starting in April, the federal “alcohol escalator tax” will rise by 4.7%. According to the Canadian Taxpayers Federation, the federal excise tax on beer, wine, and spirits will cost taxpayers countrywide an additional $100 million over the…
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Bill Shufelt, the CEO and co-founder of Athletic Brewing Company, spoke with Katie Greifeld on “Bloomberg Markets.” According to Shufelt, his company is in the non-alcoholic brewing business for the long run and has a solid base. SOURCE: BloombergPHOTO CREDIT: BloombergVIDEO CREDIT: Bloomberg
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Challenges continue in a mature and competitive market As 2023 draws to a close, the Brewers Association—the not-for-profit trade association dedicated to small and independent American craft brewers—recaps a year that proved challenging for many small and independent brewers facing a mature, competitive marketplace. Its mid-year survey indicated a production dip, with all signs pointing…
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According to a recent Cornell research, the absence of alcohol in nonalcoholic or low-alcohol beer, especially during production, storage, and pouring, may create an environment that is favourable for the proliferation of foodborne pathogens. According to the researchers, the lack of physical barriers that microorganisms need to colonize the beverage might make these brews more…
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Certain golfers believe that there exists a magic bullet that can solve all of their problems in the game. A local beer brand developed by Farm League Brewing recently struck a hole-in-one to get their beer in front of even more thirsty golfers, but it won’t cure your slice or your hook. The producers of…
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A 4.7% increase in beer taxes in Canada is being opposed by labour unions and employees, who fear that beer prices may rise in the upcoming year. The cost of beer will probably rise in April 2024 due to a 4.7% increase in federal beer excise levies. According to Beer Canada’s president, CJ Hélie, a…
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Craft brewers in Ontario are uniting to petition the provincial government to change the tax system, which they view as “unfair,” in order to alleviate their mounting operating expenses. The Ontario Craft Brewers Association titled their campaign, “Keep Craft Beer Local,” earlier this year and invited people to sign a kind of petition and write…
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The Visionary Indigenous Business (VIBE) Awards, which honour the accomplishments of Indigenous companies, business leaders, and entrepreneurs in Manitoba, have been presented by Indigenous Business Education Partners (IBEP) at the Asper School of Business for the past 17 years. One of the 2023 VIBE Award recipients is La Brasserie Nonsuch Brewing Co. Matthew Sabourin is…
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A Finnish startup is creating beverages from carbon dioxide emitted during alcohol production, and attempting to decarbonize the alcohol business. The process of making alcohol is thought to be carbon-intensive. It is not only dependent on the production of basic materials like potatoes, wheat, and beets, but it also generates a significant amount of nearly…
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Labatt Breweries of Canada is expanding its production capability by investing $26.6m directly into its London brewery to fund the addition of a new four-tank fermenting cellar and two new packers. This expansion is a part of Labatt’s ongoing commitment to invest in sustainable solutions, evolve consumer demand and prepare its breweries for future growth,…
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