BCBusiness
Falling consumption, rising costs and brewery closures are reshaping B.C.’s craft beer industry, as new data points to a post-boom reset.
What can bring cheer to the short autumn days ahead? For the 19th-century Bavarians who invented Oktoberfest, the obvious answer was beer! But, as these statistics show, an aging population, tariffs on aluminum and a hangover from the craft beer boom are taking some of the froth off the industry.
Though microbrews represented just 13.3 percent of beer sales through liquor stores and 20.5 percent of bar and restaurant beer sales last year, 4,270 British Columbians worked in craft breweries and brewpubs as of 2023.
Sources: Government of B.C., BC Craft Brewers Guild, Beer Canada, IBISworld, BCLDB
Michael is a financial journalist based in the Cowichan Valley. He's a former managing editor of Canadian Business and editorial director of Canada Wide Media, BCBusiness's publisher. In 2024, he co-authored Personal Finance for Canadians for Dummies, 7th Edition (Wiley, 2024).
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