Province Hikes Beer Mark-Up and Now Offers up to $20M in Grants to Small Brewers
EDMONTON: Alberta’s small beer brewers will get up to $20 million a year in grants, helping to offset a looming hike in the markup on all beer sold in the province.
Finance Minister Joe Ceci says the goal is to level the industry playing field, help grow Alberta’s industry and create jobs.
Under the program, brewers who produce less than 30 million litres per year will get money on a sliding scale based on the amount of sales.
Ceci says the most any brewer can make under the plan is $12 million.