Canada's beer industry is disproportionately domestic compared to that of other countries, the report released Tuesday found, as 85 per cent of the beer consumed in Canada is produced here.
The report claims that for every dollar spent on beer in Canada, the impact on Canada's GDP (net of taxes) is $1.12.
80 litres per person
The brewing industry is bigger than Canada's dairy industry and 3.5 times larger than Canada's wine and spirits industries combined, the Conference Board says.
John Sleeman, the founder of Sleeman Breweries Ltd. and chair of the industry lobby group Beer Canada, said Canada boasts many natural resources that aid the industry, including brewing grains such as barley, and copious amounts of fresh water.
"As brewers continue to innovate and beer drinkers explore, beer will continue to be a steady economic driver in Canada," Beer Canada president Luke Harford said.
The report also found:- Canadians drink 23 million hectolitres of beer a year on average, which works out to about 80 litres per adult on a per capita basis.
- Beer is the most popular Canadian alcohol product, accounting for 45 per cent of all beverage alcohol sales in Canada.
- Beer currently makes up just under one per cent of Canada's GDP, and brings in $5.8 billion worth of tax dollars for municipal, provincial and federal governments every year.