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Canada caps alcohol tax increase until 2026

Spiritz

The Canadian government has opted to limit the annual rise in alcohol excise taxes to 2 percent until 2026. These intiatives aim to support the alcohol industry and provide relief to businesses amidst economic challenges. The post Canada caps alcohol tax increase until 2026 appeared first on Spiritz Magazine.

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Canada extends alcohol duty cap until 2026

Just Drinks

Canada's federal government is capping the duty on alcohol at 2% for two additional years following its introduction last year.

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The State of the Booze Business: What Does the Future Hold?

Booze Business

The alcohol industry stands out as it undergoes changes that are not only fundamental but also unique, driven by changing consumer preferences, technological advancements, and shifting demographics. One of the key factors driving the non-alcohol trend is the ‘sober curious’ movement. Dry January is a good example.

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IWSR Report: U.S. Alcohol Market Set to Regain Footing After ‘Reset Year’

VinePair

Although last year’s domestic alcohol sales were pretty grim, most are referring to 2023 as a reset year for the U.S. alcohol industry. High inventory levels are expected to persist into 2024 and potentially beyond, with normalization now not expected until 2025 or early 2026,” says president of the U.S. The future of the U.S.

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Check Out The Biggest Winter Drink Trend Predictions from Monin + Cocktail Recipes Using Them!

Chilled Magazine

Turmeric has grown +44% over the past four years and the sought-after spice expected to grow an additional +55% though 2026! Non-Alcoholic Cran-Peary Shrub Ingredients 0.5 Spiced makes everything nice: Warm, seasonal spices are seen all throughout the industry in the colder months. Pour ingredients into mixing glass with 2/3 ice.

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New York Extends Cocktails To-go Law

Cheers

Alcohol producers and on-premise accounts supported the decision. 31, 2026), Colorado (expires July 1, 2025), Illinois (expires Aug. An economic necessity from the Covid-19 lockdowns, cocktail to-go laws have remained in many states even as the pandemic fades into the past.

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The Drinks Brands You Can Expect to See at the 2024 Olympics

VinePair

On the less exciting end of the Olympic milestone spectrum, this will be the second Summer Games in a row where alcohol won’t be available for sale or purchase at stadium venues, following 2021’s events in Tokyo. Corona Cero will also serve as the International Olympic Committee’s global beer sponsor in 2026 and 2028.

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