In case you missed it, a tax on sugary drinks is coming to Atlantic Canada, but could it also work in Saskatchewan?
Earlier this week, the Government of Newfoundland and Labrador announced it was introducing a tax of 20 cents a litre on soft drink products in September 2022, a move that could bring in roughly $9 million a year in revenue to the province.
The concept of a soft drink tax is nothing new as several countries have either debated the idea or implemented a sugar tax or sweetened beverage tax (SBT), including the U.K., South Africa and Mexico.
Several U.S. states or cities have also introduced a levy on sugary drinks. However, some areas like Cook County, Ill. have repealed their taxes.
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