Anthony Gismondi: Price increases testing the limits of B.C. wine fans

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Some refer to tariffs as markers, while the government prefers the Valorem system. Finally, it’s a tax and a huge tax. Ad Valorem is particularly annoying because it is imposed on the drop costs of a bottle of wine: from growing grapes, making wine, running a winery, transporting, shipping, insurance and producer profits if anything is left. Ad-Valorem tax profit for any additional fees (normal or abnormal fees) along the way. It will live in a place that has never been seen before before the consumer encounters the price on the shelf.

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