Canada's craft breweries face a sobering reality as costs rise

Amid a reported increase in restaurant insolvencies, Canada's craft brewers say their razor-thin margins are being sliced even thinner by rising interest rates and production costs, such as production materials, packaging, taxes and transportation.

Canada's craft breweries face a sobering reality as costs rise
Callister Brewing Company co-founder Chris Lay is seen holding a beer. He says his company will be forced to close in December after its new landlord hiked their rent by 45%.

Amid a reported increase in restaurant insolvencies, Canada's craft brewers say their razor-thin margins are being sliced even thinner by rising interest rates and production costs, such as production materials, packaging, taxes and transportation.