Today is your day Boomer! April 1 may be April Fools Day, but this is no joke...the price of booze in Canada goes up over 6% on that day! It is an inflationary "escalator tax" and many Boomers, on fixed incomes, are likely worried. Every thing keeps going up and up...groceries, heat, water, taxes...the cost of living is getting too costly for many people. So, what do we do with this big booze hike? I think, Boomers, we have 3 choices: (1)drink less alcohol and start saving it for just weekends and special occasions (2)completely stop drinking; switch to non-alcoholic drinks like flavoured sparkling water (3)put up with the extra cost and cut your budget in other areas; for example, have one less take-out meal per month. Meanwhile, industry experts say we shouldn't worry too much about this increase. "Beer Canada told Global News that the tax increase will bring up the price of a 12-pack by 10 cents. For a 750 ml bottle of wine, the price could increase close to three cents, according to figures from the Canadian Revenue Agency." That doesn't sound too bad, does it? You decide. By the way, a 4th option is to buy a big pile of your favourite booze before the price goes up. You have just a few days....cheers!

Comments

Popular posts from this blog