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zane9
Joined: 22 Feb 2010
Posts: 271
Location: Hamilton
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 Posted: Thu Jan 12, 2012 1:58 pm Post subject: Fund to Ontario Craft Brewers being cancelled |
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Greg Clow relayed a story on Canadian Beer News that the Ontario Craft Brewers Opportunity Fund is being cancelled.
This is/was a 4-year $8 million programme. What really stood out was that TBrick Brewing was receiving $1 million per year from the Fund! So if that fund was $8 million over 4 years, Brick got 50%. That's a substantial subsidy. All the other companies split the remaining 50%? |
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GregClow
Joined: 10 Aug 2001
Posts: 3818
Location: Parkdale
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| Posted: Thu Jan 12, 2012 2:05 pm Post subject: |
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There was a small typo in my post. The original Star article that I used as a source said that Brick was receiving "up to $1 million a year" from the fund. I've corrected it.
Still, Brick certainly got the lion's share of the funding... |
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saints_gambit
Joined: 31 May 2010
Posts: 377
Location: Toronto, Ontario
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| Posted: Thu Jan 12, 2012 3:36 pm Post subject: |
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| GregClow wrote: | There was a small typo in my post. The original Star article that I used as a source said that Brick was receiving "up to $1 million a year" from the fund. I've corrected it.
Still, Brick certainly got the lion's share of the funding... |
I sort of find myself wondering what they did with it. I know that they're producing a pretty high volume, but I've not paid a great deal of attention to them.
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Belgian
Joined: 04 Jul 2004
Posts: 7013
Location: I Heart TO
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| Posted: Thu Jan 12, 2012 7:01 pm Post subject: |
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Right I'm going 'what, Brick got funding? What did they do that was one-tenth as useful as Muskoka, Beau's and Spearhead?'
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In Beerum Veritas "... Misuse of Literally Makes Me Figuratively Insane..." |
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Kel Varnsen
Joined: 25 May 2009
Posts: 455
Location: Ottawa
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| Posted: Sat Jan 14, 2012 11:43 am Post subject: |
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| They talked about this on the CTV Ottawa news last night. Beau's was getting about $40,000 a year out of that fund. And their plan this year was to use the money to hire a new marketing/sales rep person. It kind of sucks for them since according to Steve in the news story that one sales person could lead up to 5 more people being hired in the brewery to support the increased sales that he or she could potentially generate. |
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Tapsucker
Joined: 28 Apr 2006
Posts: 1278
Location: Toronto
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| Posted: Sun Jan 15, 2012 2:04 am Post subject: |
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These subsidies were only a band-aid solution to a skewed market. A far better solution would be to remove the TBS monopoly. There's no doubt that a free market with free distribution would let the quality of the craft brewers to rise to the top and and be profitable. Sadly, government and lobby diddling will hold it all back.
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Fans are cash cows.
The heard will consume until consumed. |
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ErkLR
Joined: 25 Oct 2010
Posts: 294
Location: London, ON
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| Posted: Sun Jan 15, 2012 11:57 pm Post subject: |
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| Tapsucker wrote: | | There's no doubt that a free market with free distribution would let the quality of the craft brewers to rise to the top and and be profitable. |
I doubt it. Isn't Bud the top beer in the free market of the US? I'm all for giving TBS the heave-ho and craft beer would probably benefit from that, but I doubt it'd put craft brew on top. |
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JerCraigs
Joined: 25 May 2003
Posts: 2681
Location: North York
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| Posted: Mon Jan 16, 2012 7:52 am Post subject: |
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| The point of the fund is not really to support craft beer as a product, its to support craft beer as an industry. To create jobs. I am guessing that the creation of delicious beer is kind of secondary from the politician's perspectives. |
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sprague11
Joined: 19 Sep 2008
Posts: 1374
Location: Newmarket, ON
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| Posted: Mon Jan 16, 2012 11:13 am Post subject: |
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| JerCraigs wrote: | | The point of the fund is not really to support craft beer as a product, its to support craft beer as an industry. To create jobs. I am guessing that the creation of delicious beer is kind of secondary from the politician's perspectives. |
In the words of one local mpp - the govt doesnt give a shit. That applies to all 3 parties more or less. |
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