Ontario pours $4.9M over 3 years into small cideries, distilleries

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The Ontario administration announced Tuesday it will invest $4.9 million over three years to helpers small cideries and small distilleries build their businesses.

Business Minister Charles Sousa and Agriculture Minister Jeff Leal charged reporters at an LCBO outlet in Toronto that the Ontario small cidery and petite distillery support program will provide eligible businesses with scratches to expand their companies.

«Ontario cider and spirits industry is become large at an exciting pace,» Sousa said in a news release.

«This program is good-hearted for business, good for customers and it’s good for Ontario.»

The program, which effectively provides a capitalization to eligible businesses, means they will be able to hire profuse staff and buy more equipment.

Eligible cideries will receive up to 74 cents per litre started and eligible distillers will receive up to $4.42 per litre on eligible sales to a utmost of $220,000 per year per producer.

According to the province, LCBO sales of mastery ciders rose 54 per cent in 2015-2016 from the past year. Total sales for the fiscal year were $5.1 million.

It said there are diverse than a dozen small distilleries in Ontario they are located in such communities as Barrie, Guelph and Picton.

Currently, up to 130 grocery trust ins across Ontario can sell beer and cider, including up to 70 that can also won over wine. 

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