Canada’s beer economy / One job in 100

Canada likes to be known as a country where hockey is king and the beer is good.

And while it’s been 20 years since a team from Canada won the Stanley Cup, Canadians can take some solace in a new report that lays out the economic impact of the beer industry.

The beer economy accounts for one in 100 Canadian jobs, or almost 1 percent of gross domestic product, says a new report from the Conference Board of Canada that tracks the economic spinoffs of the brewing industry from the barley field to beer fridge.

“When you purchase a bottle of beer, you are supporting not only the Canadian brewing industry, but also many other industries along the value chain – the indirect benefit to the economy of beer,” said the report, which says every $1 spent on beer generates $1.12 in the economy.

-Each Canadian bought equivalent of 235 bottles of beer in 2012.

-The “beer economy” has 163,200 jobs and acconts for 0.9 percent of Canadian gross domestic product.

-Governments get 44 cents of every dollar Canadians spend on beer.

-The beer industry generates $5.8-billion in taxes each year.

-Per-capita beer consumption is highest in Yukon at 385 bottles a year.

-Beer consumption is lowest in B.C. at 205 per person.

Chosen excerpts by Job Market Monitor. Read the whole story at 

via How cold beer makes Canada’s economy hop – BNN News.