Ontario is set to invest $175 million over five years to bolster its alcohol industry by increasing the use of local grapes in wines, thereby supporting grape farmers and local wineries. Additionally, over the next two years, the province will invest more than $250 million to enhance competitiveness and affordability in the alcohol marketplace, including tax cuts for distilleries and microbreweries. The liberalization of alcohol sales, allowing sales in convenience stores and grocery outlets, has led to significant growth in the sector, reflecting the province's commitment to its local alcohol industry despite a projected $14.6 billion deficit.
"The new supports are part of the budget tabled Thursday that will see a $14.6-billion deficit as the province spends money to counteract the trade war with U.S. President Donald Trump."
"We're just levelling the playing field and reducing taxes and fees," Bethlenfalvy said, emphasizing the government's efforts to enhance the competitive edge of the alcohol sector.
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