Big Rock Brewery announces layoffs, blames Alberta's beer taxes - News Summed Up

Big Rock Brewery announces layoffs, blames Alberta's beer taxes


Big Rock Brewery says it's laying off staff, on top of other "cost-cutting measures," due to taxes on Alberta beer. Big Rock sold more than 200,000 hectolitres of beer in 2018, for a net revenue of $48.7 million. The company said it expects its net Alberta provincial liquor taxes to increase from $10.7 million last year to more than $21 million this year. A Big Rock spokesperson would not confirm the exact number of the layoffs and said no further comment would be provided. The company, which was founded in 1985, operates three breweries in Calgary, Vancouver and Toronto, and sells beer and cider in five provinces and two territories.


Source: CBC News May 30, 2019 00:28 UTC



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