Canada Will Improve the Alcohol Duty Escalator As More Ambitious Action Is Needed to Address Alcohol Burden
Posted on March 22, 2023 in AB InBev, Canada, CanadaThe planned escalator of the alcohol excise tax in April 2023 upgrades the existing Canadian alcohol tax policy’s effectiveness.
The newly announced tax is triple the rate as the usual tax increase. The new tax increase is 6.3% which is above the inflation rate of the last month, February (5.2%).
Lowering alcohol affordability is the most effective way to prevent and reduce alcohol harms. And Canada urgently needs this and other solutions to better address its heavy alcohol burden.