Description: The federal government’s plan to hike excise taxes on beer every year will result in consumers paying more for the alcoholic beverage and business owners investing less in their operations, says an industry association fighting the change.

Source: NationalPost.com

Date: Jan 16, 2018

Link: http://nationalpost.com/pmn/news-pmn/canada-news-pmn/beer-canada-calls-on-feds-to-axe-increasing-beer-tax-as-consumption-trends-down

Questions for discussion:

• What does the article say about the relationship between beer prices, sales, investment, and taxes?
• Why do you think taxes are being raised?
• How can the industry respond to tax increases?