Feds hiking alcohol taxes by 4.7 per cent

Author: Franco Terrazzano 2023/10/30

OTTAWA, ON: The Canadian Taxpayers Federation is calling on the federal government to drop plans to increase alcohol taxes by 4.7 per cent in 2024. 

“Canadians are struggling with inflation and the last thing we need is the feds making it more expensive to enjoy a cold one at the end of a long work week,” said Franco Terrazzano, CTF Federal Director. “Prime Minister Justin Trudeau should be trying to make life more affordable and that means scrapping his alcohol tax hikes.”

The federal government will increase its alcohol excise tax by 4.7 per cent in 2024, according to CTF estimates. 

The alcohol escalator tax automatically increases federal excise taxes on beer, wine and spirits every year on April 1. 

Taxes already account for about half of the price of beer, 65 per cent of the price of wine and more than three quarters of the price of spirits.

“This is fundamentally undemocratic because politicians are increasing their tax take without a single vote in Parliament,” said Carson Binda, CTF British Columbia Director. “The feds need to stop binging on alcohol taxes.”

A Note for our Readers:

Is Canada Off Track?

Canada has problems. You see them at gas station. You see them at the grocery store. You see them on your taxes.

Is anyone listening to you to find out where you think Canada’s off track and what you think we could do to make things better?

You can tell us what you think by filling out the survey

A Note for our Readers:

Join now to get the Taxpayer newsletter

You deserve to know the real story about what happens to your tax dollars. We expose funny and infuriating stories about governments wasting money on stupid things. And we hold politicians accountable because taxpayers deserve transparency.

Looks good!
Please enter a valid email address

We take data security and privacy seriously. Your information will be kept safe.