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Wine taxes are on the way up in Ontario

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  • Feb 28th, 2016 9:28 am
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Dec 7, 2012
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Wine taxes are on the way up in Ontario

from http://torontoist.com/2016/02/newsstand ... y-19-2016/

"Hard liquor is subject to higher taxes in Ontario than wine and beer, although that may soon change. A provincial advisory council’s report on wine and beer sales, all 29 recommendations of which will be adopted by the government, included a call to move toward “fairer tax treatment” between the three categories. That would seem to mean raising taxes on beer, the lowest-taxed category of the three, and possibly on wine. Finance Minister Charles Sousa, asked twice yesterday if the upcoming provincial budget would include tax hikes on the two drinks, demurred. On CBC’s Power and Politics he said there would be a “levelling of the playing field.”
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from http://www.cbc.ca/news/canada/toronto/o ... -1.3464575
  • Effective in June, the LCBO will be allowed to increase its mark-up on wine by two percentage points. It will go up another two percentage points in April 2017, another two percentage points in April 2018, and one percentage point in April 2019.
  • The basic tax on non-Ontario wine bought at winery retail stores will go up by one percentage point annually, starting this June and then through to April 2019.
  • The minimum retail price for a 750 ml bottle of table wine will increase to $7.95, including deposit, which will be phased in over three years.
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Apr 22, 2015
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As long as there is no beer tax, it's not my business.
English is not my first language, please bear with me
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Jan 7, 2002
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tk1000 wrote: from http://www.cbc.ca/news/canada/toronto/o ... -1.3464575
  • Effective in June, the LCBO will be allowed to increase its mark-up on wine by two percentage points. It will go up another two percentage points in April 2017, another two percentage points in April 2018, and one percentage point in April 2019.
  • The basic tax on non-Ontario wine bought at winery retail stores will go up by one percentage point annually, starting this June and then through to April 2019.
  • The minimum retail price for a 750 ml bottle of table wine will increase to $7.95, including deposit, which will be phased in over three years.
No one likes a tax increasegrab but to put this one in context: A 1% increase on a $10 bottle of wine is 10¢. So this is a 20¢ to 30¢ increase per year for most wine sold in Ontario.

Wine prices fluctuate by way more than that due to changes in foreign exchange rates, grape harvests, etc.

This budget item isn't going to change anyone's wine drinking habits let alone price anyone out of wine drinking.
veni, vidi, Visa

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