A Toronto beer store is pictured on Thursday, April 16, 2015.
Beer fans across Ontario can officially start counting down the days until the return of "Buck-a-Beer", the popular $1-per-beer price floor that delighted people across Ontario until it was cancelled when the previous government abruptly introduced new beer price regulations.
The province is hoping brewers will get on board with the buck-a-beer plan and incentives will be offered for those who do.
"We're going to do this smartly and responsibly".
The Premier of Ontario has announced his plan to make beer cheaper.
Speaking at a brewery in Picton, Ont., on Tuesday, the premier said the program, which was one of his promises during the spring election campaign, will not cost taxpayers anything.
Annual indexing for all packaged beer will be suspended to maintain the $1.00 minimum floor price over time. "They created a new rule, another piece of red tape that made a buck-a-beer illegal", said Mr. Ford.
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The minimum retail price for beer was $1.00 in Ontario from 2005 to 2008. Once upon a time you could buy a beer for $1 a bottle.
Buck-a-beer will still be subject to a 5-cent deposit and tax.
The Tories have said a return to buck a beer would see more competition in the beer market without affecting the province's revenues from beer and wine taxes, which government documents show brought in roughly $589 million in 2016-2017.
"Lower alcohol prices can lead to increased consumption, particularly among those with alcohol problems, and among young people, and that increased consumption can in turn lead to increased alcohol-related problems, including impaired driving".
"There are no tax dollars that are being reduced to allow for the buck-a-beer", said Mr. Fedeli.
The Ford government also has plans to allow the sale of beer and wine in corner stores. "The Premier is asking the beer producers to lower their price".