15:22:26 EDT Thu 23 Jul 2026
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Andrew Peller Ltd
Symbol ADW
Shares Issued 35,927,776
Close 2026-07-22 C$ 7.97
Market Cap C$ 286,344,375
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Globe says Corby, rivals face "existential threat"

2026-07-23 08:07 ET - In the News

See In the News (C-CSW) Corby Spirit and Wine Ltd

The Globe and Mail reports in its Thursday, July 23, edition that President Donald Trump's tariffs on Canadian goods pose an "existential threat" to Canada's distilling industry. The Globe's Olivia Grandy writes that the tariffs, starting Aug. 19, include 50-per-cent levies on Canadian whiskey, rum, gin and vodka. These tariffs have the potential to gut the industry, said Spirits Canada's Cal Bricker. The association represents producers such Hiram Walker, Corby Spirit and Wine, and Diageo. "The root of the disappointment is, if there's a model for free trade in North America, it's the spirit sector," Mr. Bricker said, referencing the current lack of tariffs on spirits. In 2025, Canada exported $945-million worth of spirits to the U.S. Mr. Bricker said that accounts for about half of the $2-billion worth of liquor that Canada produces each year. Last year, those exports included about $311-million of whiskey, $545-million of liqueurs and cordials, $34-million of gin, $26-million of undenatured ethyl alcohol, $15-million of rum and $14-million of vodka, Statistics Canada data said. Meanwhile, on Tuesday, nine of Canada's provinces reached an agreement to lift long-standing interprovincial barriers on alcohol sales.

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