Finance committee  Yes. I guess if profitability is impacted, they're going to have to take a look at all mechanisms. The first casualties will be grape producers. The demand for grapes will have to decrease. Production will go down. That's the first element of the supply chain that will be impacte

Finance committee  Absolutely, because it's a producer tax, and we can't pass that tax on to consumers, as I mentioned; otherwise, we'll lose the consumer to imports. If I'm paying 52¢ a bottle in tax, that's 52¢ a bottle I can't put towards any other part of my business. One of my smaller board

Finance committee  At this point, for the tax itself, you will have some wineries attempt to pass it on. I'd say possibly some of the super-high-premium wines will be able to pass it on. It has a larger impact, obviously, on lower-priced wines than on higher-priced wines, but you also have to remem

Finance committee  We're facing that impact right now. The supply chain disruptions have increased the cost of goods for wine producers above a 10% rate. That's impacting everybody's bottom line and everybody's level of profitability. There is that point in time when you have to make a decision: Am

Finance committee  We have four weeks left until we lose the exemption. I do know, from in my discussions with officials, that they are looking at the funding element, given that $101 million is clearly insufficient to cover off all of the wine produced in Canada. Budget 2021 allocated $35 million

Finance committee  We have obligations under the Canada-Australia negotiated settlement, but there is a new government in Australia right now. If there was an opportunity to get an extension to the end of this year or the beginning of next year, given the fact that we don't know what the funding el

Finance committee  Thank you very much. Yes, as I mentioned, there's been significant growth as a result of the excise exemption that was put into place. You have to understand that the excise duty takes place right after the producer's price on a bottle of wine. As that moves through the price

Finance committee  —job losses, and the loss of $425 million in total economic impact. That's only for grape wine. That does not include cider, mead or sake. The addition of 52¢ per bottle will negatively impact the industry. We are simply asking the government to fix the error in budget 2021-22

Finance committee  Thank you, Mr. Chair, and thank you to all members of the committee for the invitation to discuss budget 2022. Wine Growers Canada represents the national and international interests of the Canadian grape wine industry, which consists of over 700 grape wineries and 1,800 indepen