nded account for 89% of domestic beer production in Canada.

(a) Overarching assumptions

• Monetized costs were estimated over 10 years.
• Costs are reported in 2012 prices and discounted to 2019 (year of registration) using a 7% discount rate.
• There is a transition period that allows brewers to follow either the former FDR requirements or the new requirements until December 13, 2022, inclusively. Therefore, it was assumed that monetized costs will be incurred starting in 2022.
• The standard cost model was used to estimate costs related to impacts on labour (time). The model reflects the time required for individuals to perform a task, the individuals’ wage rate and how often the task must be performed. The cost estimate was made for a single unit, and then the total cost estimate results were calculated by multiplying the estimated cost per unit by the total number of units.
• There are 580 beer manufacturers and 12 provincial liquor boards.
• The wage rate per hour is $31.50 (including overhead).