Bill C-69 (44-1)
An Act to implement certain provisions of the budget tabled in Parliament on April 16, 2024
This note is an update to the cost estimate published on June 17, 2024, which contains a revision and improvement to the calculation of the breakdown of total cost between the different types of alcohol. It also incorporates more recent Consumer Price Index (CPI) data and forecast which slightly reduces the total cost over five years. Lastly, it now provides a breakdown of the cost between foregone excise duty revenue and foregone GST revenue.