With sky\u002Dhigh inflation, climbing interest rates and carbon tax hikes, you could be forgiven for drinking.
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You could spend about $125 if you pick up two bottles of wine, a 24-pack of beer and a 26-ounce bottle of whisky. You’re paying more than $76 of that tab just in taxes. While Canadians are paying higher taxes, Americans are enjoying tax cuts. From 2017 to 2019, federal beer taxesWe apologize, but this video has failed to load.The feds have been bingeing on alcohol tax hikes since the 2017 budget. That year, the Trudeau government introduced an automatic tax hike escalator. That means the federal excise tax automatically increases with inflation every year on Apr. 1.
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