How cold beer makes Canada’s economy hop

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Canada likes to be known as a country where hockey is king and the beer is good. It is obviously that Canada has a great impaction of beer market these years.

The beer industry contributes a lot to the whole society. 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.

Also, the beer industry has a wide marketing. The analyse shows that the lowest consumption of the beer in BC is 205 bottles per person, which means that the beer industry has a stable development.

The development of the beer industry can also benefit to lots of chain industries in the worldwide. For example,Governments get 44 cents of every dollar Canadians spend on beer.

Although the cold beer makes Canada’s economy hop, it still loses market share because of the wine industry, but not that much. The beer market share decreased from 50 percent in 2002 to 44 percent in 2012. The beer industry still plays the main role in Canada.

 source:http://www.bnn.ca/News/2013/11/5/How-cold-beer-makes-Canadas-economy-hop.aspx

 

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