Economy

Posted May 2, 2013

Ontario beer and wine tax to generate $574 million in 2013-14

ont-financeThe 2013 Ontario Budget was revealed today by the Ontario Ministry of Finance, which included the projected revenue generated by Ontario’s beer and wine tax to be $574 million for 2013-2014.

Ontario’s beer and wine tax produced $561 million in revenue during 2011-2012.

In March, the Ontario Ministry of Finance released specific details outlining the beer tax rates for 2013-2014.

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