Beer Industry Boosts Canadian Economy

UNKNOWN | Other
Published: 11/19/2013

OTTAWA, Canada — Every dollar that Canadians spend on beer generates $1.12 in the Canadian economy, according to a new Conference Board of Canada report.

The report, “From Farm to Glass: The Value of Beer in Canada,” estimates that total beer sales — including stores and on-premises sales — averaged $12.3 billion annually between 2009 and 2011. Consumption accounted for $13.8 billion annually in economic activity during this period, equal to $1.12 for every dollar spent in real-dollar terms.