I know we have limited time today. I will speak a little bit to the whole package of Conservative amendments related to the excise tax rate. Many of these, as I understand, are identical to ones that were proposed in a previous BIA and were ultimately voted down.
Our government is proud of our support for brewers, and specifically craft brewers. We have capped the excise escalator and made cuts to the excise tax rate for craft brewers, which will provide typical craft brewers with up to $86,952 in additional tax relief in 2024-25.
I think some of the Conservative amendments being proposed today include ones that would result in refunds on the excise tax rate paid since April 21, 2024, to those who are unlikely to pass those refunds on to consumers, so for these reasons we will be voting against the whole package of CPC amendments today.
Thanks.