Ontario Government Again Freezes Built-In Tax Hike on Beer and Wine

Published on February 12, 2024

The Ontario government is again vowing to freeze the provincial tax built into the price of beer and wine as Ottawa gets ready to increase its federal tax on alcohol this spring. The province has announced the beer basic tax and Liquor Control Board of Ontario (LCBO) mark-up rates that were set to rise roughly 4.6 percent on March 1 will remain frozen for the next two years. “This increase would have resulted from rates being indexed to inflation, which the government has consistently stopped over the last six years, resulting in approximately $200 million in relief,” the province said in a Feb. 9 news release, adding that prices will be frozen through March 1, 2026....

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