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Posted: Tue Aug 07, 2018 11:49 am Post subject: CBC: Buck a beer is back
Ontario Premier Doug Ford confirmed this morning that he would introduce legislation to lower the minimum price of a bottle or can of beer to $1 from $1.25 ahead of the Labour Day weekend.
At a news conference Tuesday in Prince Edward County, Ford said the Progressive Conservative government will approve the buck-a-beer plan by Aug. 27. The minimum price of a beer was raised by the Liberals 10 years ago.
The PC's move only applies to brews under 5.6 per cent alcohol content and participation is not mandatory, said Ford.
"Nobody is being forced to lower their prices and there will be no subsidies or tax handouts," he told reporters at Barley Days Brewery in Picton, Ont., around 200 kilometres east of Toronto.
Finance Minister Vic Fideli noted the legislation will "reduce the floor" on beer sales and give brewers permission to sell their cans and bottles for $1 — pricing that has been illegal for a decade.
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