Cheers! Feds offer tax relief to beer makers
CTV
The federal government is offering some tax relief to the beer industry in Canada.
The federal government is offering some tax relief to the beer industry in Canada.
The inflation-indexed alcohol tax increase will be held at no more than two percent for the next two years.
The tax was put in place in 2017, and was set to increase by 4.7 percent next month.
Restauranteurs across the country warned about the potential consequences of sticking to the original tax numbers.
"Any increase at this very vulnerable time for our industry is just another blow while we're down," said Brenda O'Reilly, the owner of multiple restaurants and a brewery in St. John's, N.L, in a March 24 interview with The Canadian Press.
"It's like death by a thousand cuts."
As well, tax relief is now in place on each brewer's first 15 hundred hectolitres.
The mother of an infant who died after being found at an apartment building in midtown Toronto on Wednesday has been charged with failing to provide the necessaries of life.
Consumers will receive a temporary tax break on essential items and common stocking stuffers heading into the holiday season, Prime Minister Justin Trudeau announced Thursday, alongside a spring $250 rebate for 18.7 million Canadians.
Workers aged 60 to 64 will no longer be entitled to the tax credit for career extension, which could represent tax savings of $1,540 per year.
Canadians will receive a temporary tax break on essential items, children's clothing and diapers, restaurant and pre-prepared meals and common stocking stuffers, Prime Minister Justin Trudeau announced Thursday. Trudeau also announced a new $250 rebate that will land in spring 2025.
The leaders of Nova Scotia’s three main political parties will take part in a roundtable discussion at CTV Atlantic in Halifax on Thursday.
A Toronto woman who was defrauded out of $158,000 in a roofing scam over the summer received about half her money back following a tip from a CTV News viewer.
Three Credit Unions in Saskatchewan are exploring a potential merger – with work on the transition beginning as early as next year.
A Markham hockey buff who built a massive backyard ice rink without permissions or permits has reluctantly agreed to remove the sprawling surface, following a years-long dispute with the city and his neighbours.
Prime Minister Justin Trudeau will announce a two-month GST relief on select items heading into holidays to address affordability issues, sources confirm to CTV News.
Sea Bears centre Chad Posthumus has died at age 33.
Alberta’s government is poised to overhaul the province’s auto insurance system, with a no-fault model emerging as the most likely, offered to counter rising premiums.