Ontario District

The document provides a comprehensive overview of the current state of the Canadian beer industry, highlighting significant trends and challenges faced by breweries. It notes a decline in beer sales to a 48-year low in 2023, with per capita consumption reaching a historical low. Despite the decrease in sales, the number of breweries has surged, indicating increased competition within the market. Factors such as inflation, changing consumer preferences towards premium and non-alcoholic options, and regulatory changes regarding packaging are influencing these trends.