SoVote

Decentralized Democracy

House Hansard - 53

44th Parl. 1st Sess.
April 5, 2022 10:00AM
Context: House Hansard - 53 - Apr/5/22
Hon. Randy Boissonnault (Minister of Tourism and Associate Minister of Finance, Lib.)
  • Apr/5/22 3:06:28 p.m.
  • Watch
Mr. Speaker, in this particular case, like other taxes and benefits, the alcohol excise duty rate is automatically adjusted every year to inflation, as requested by the industry, for predictability and stability. It allows the industry to predict the prices in future years. This increase is less than one-fifth of a penny per can of beer. There are specific measures that we take into account for other alcohol substances. These industries are important for tourism, and the tax that is part of it is important for the treasury.
89 words
  • Hear!
  • Rabble!
  • star_border