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Finance committee Yes, absolutely. That was one of the issues we came into this with, which is that it is brewed as beer. Eighty per cent of the water is taken out of it through a process after the brewery, so the excise is applied at the brewery. The full excise is realized there, and then in tra
November 7th, 2017Committee meeting
Gavin Thompson
Finance committee Yes. The federal excise comes off right at the brewery point. In a sense, all excise taxes remain whole on this whole process.
November 7th, 2017Committee meeting
Gavin Thompson
Finance committee Yes. It's a physical facility right near our brewery in Toronto. It currently employs the project team, which I would estimate is approximately 10 people. That's been the core team working for the past year or so on the project. The total investment to date is just shy of $5 mill
November 7th, 2017Committee meeting
Gavin Thompson
Finance committee I would say not in the near term, but it is definitely an option that could transform the industry. A lot of this will pertain to adoption within our industry, and that's the longer-term goal of this objective.
November 7th, 2017Committee meeting
Gavin Thompson
Finance committee Absolutely. I mentioned the trucks off the road and that the payload would be a lot lighter when carrying these. They're literally like a box. So you can imagine that those will be taken off the road. There's also a lot to do with the packaging. Right now the cleaning and creati
November 7th, 2017Committee meeting
Gavin Thompson
Finance committee Thank you, Chair, and honourable members. Thanks very much for allowing me to speak with you today about a very important aspect of Bill C-63, beer concentrate taxation. As industries grow, it's imperative that they innovate and find better ways to do business. The beer industr
November 7th, 2017Committee meeting
Gavin Thompson
Finance committee And cheese.
November 7th, 2017Committee meeting
Gavin Thompson