Tag #Beer Industry

What is the immediate financial impact on the Canadian beer industry due to the US aluminum tariffs and Canada's counter-tariffs?

The US's 25 percent tariff on Canadian aluminum, coupled with Canada's retaliatory tariff on US aluminum cans, will cost Canada's beer industry an extra $330 million annually. This is because 85 percent of Canadian beer is sold in aluminum cans, many sourced from the US. The double tariff increases the cost of these cans significantly.