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Ontario Budget Boosts Craft Brewers & Cannabis
Ontario's 2025 budget is being hailed as a landmark moment by small businesses in the beer, wine, and cannabis industries. With a focus on supporting local producers, the province is making changes that many say are decades overdue.
Starting August 1, Ontario will cut its markup rates on locally produced beer, cider, and ready-to-drink cocktails by as much as 50%. For the province's 350 craft breweries, it's more than a financial break—it's a potential lifeline.
"This is a game changer for the whole industry in Ontario," said Troy Burch of Great Lakes Brewery. "It means better margins and a fairer playing field against the big brands. We've been waiting for this since prohibition."
Industry insiders point out that these lower markup rates will allow businesses to reinvest more into their operations—whether it's purchasing better ingredients, hiring locally, or expanding manufacturing. For a sector that has struggled with rising costs and growing competition, the budget represents a rare and welcome boost. 4
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