By The Canadian PressThe craft beer industry is in a golden age.
There’s an explosion of craft beer, and some of the best breweries in the country are also expanding.
A new report from the Beer Alliance of Canada says that in 2015, there were about 100 craft breweries in Canada, compared to the 50 in 2014.
“It’s really a wonderful time to be a craft beer fan,” says David B. Johnston, president of the Beer Association of Canada.
He says the industry is getting more international attention and has expanded beyond Canada.
“A lot of people that I talk to, they know of one or two craft breweries that they think of, but there’s more,” he says.
But the industry has been hit hard by a slew of economic problems, including a downturn in the price of the Canadian dollar and a drop in consumer confidence.
Budweiser Canada is looking to take a different approach to the market, announcing in November it will buy the Canadian brewery Wunderbar.
Its beer will be made in a new facility at a new location on the east side of Montreal.
It will be called Budweiser Lab.
Beer Association of Ontario president Paul Haskins says that, while the industry may not be booming, there’s still plenty of room to grow.
“The beer industry continues to grow, we’ve got good new markets that are emerging in Europe, we’re seeing more foreign craft breweries coming into Canada,” he said.
The Beer Alliance’s Johnston says the Canadian beer industry can’t afford to sit still.
“We have to make sure that we’re able to invest in new, more efficient facilities,” he explained.
“Our goal is to get as much of our product into the marketplace as we can.
If we can make sure we’re building up new, new facilities, we can really see a tremendous growth and a tremendous number of new breweries coming in.”