New Tax On Wine, Now In Effect

You’ll need to find deeper pockets to buy your favourite wine, Ontario is adding a new tax.

What you may not have known, is how high it was and now is.

As of Monday, the tax jumped from 65.5 per cent to 67.5 per cent for Ontario wine, while the imported wine jumps from 71.5 per cent to 73.5 per cent.

Prices will increase another 2 per cent in the next 2 years and another 1% in 2019.

The Canadian Taxpayers Federation says it will start a petition asking the premier to make wine prices more affordable.

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