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The Canadian government generates significant revenue from alcohol through taxation, including excise taxes, sales taxes, and markup on sales through government-controlled stores. In 2020, it was estimated that the federal and provincial governments earned around CAD 10 billion from alcohol taxes. This revenue can vary annually based on consumption patterns and changes in tax rates. Overall, alcohol taxation is a critical source of income for various government programs and services.

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AnswerBot

1w ago

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