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Provincial and Federal Governments Support Publican House Brewery in Peterborough

Funding Is Part of a $1.6 million Investment In Ontario’s Craft Beer Sector

NEWS

June 23, 2016

 

The Ontario government and the Government of Canada are investing nearly $35,000 in a Peterborough brewery to help them expand operations and to continue to grow the province’s craft beer industry.

 

The Publican House Brewery has received funding under the Growing Forward 2 initiative to: 

Help the company automate the canning and labeling product lines to increase productivity.

Develop a financial model that will be used to identify new growth opportunities for Publican House and identify a capital structure to support future expansions.

 

The funding for The Publican House Brewery is part of a $1.6 million investment through Growing Forward 2 of 42 projects at 20 craft breweries across Ontario. This funding is delivered jointly by the federal and provincial governments through Growing Forward 2, a federal-provincial-territorial initiative that supports programs aimed at improving innovation, competitiveness, market development, adaptability and industry sustainability in Canada's agri-food and agri-products sectors.

 

These investments help achieve the federal government’s goal to support the agricultural and agri-food sector in a way that allows it to be a leader in job creation and innovation.

 

Providing more opportunities for small brewers is part of the Ontario government's economic plan to deliver on its number-one priority to grow the economy and create jobs. The four-part plan includes investing in talent and skills, including helping more people get and create the jobs of the future by expanding access to high-quality college and university education. Through this plan, the government is making the largest investment in public infrastructure in Ontario's history and investing in a low-carbon economy driven by innovative, high-growth, export-oriented businesses. The plan is also helping working Ontarians achieve a more secure retirement.

 

QUOTES

 

“Ontario’s craft beer industry is rapidly growing, exposing consumers to the premium quality and culture of beer made with locally-sourced ingredients. By supporting local brewers grow like The Publican House Brewery; we are helping local communities and Ontario’s economy to thrive while building on the craft brewery industry’s booming success.”

— Jeff Leal, Ontario Minister of Agriculture, Food and Rural Affairs 

 

“The Publican House Brewery is another great Peterborough-Kawartha success story. With hard work and innovation, this company has developed an excellent product, created a number of good jobs, and boosted our local economy. I am proud that the Government of Canada, through the Growing Forward 2 program, is supporting the work of Ontario craft breweries like Publican House Brewery, so that they can continue to excel for many years to come.”

-           Maryam Monsef, MP Peterborough-Kawartha

 

 

"For a small and growing business like ours it can be difficult to meet the many challenges that a growing demand for your product can create. We are very fortunate and extremely grateful that a program such as Growing Forward 2 is available to us in order to provide that much needed assistance that is required to successfully meet those challenges."

-       Marty Laskaris, Partner at Publican House Brewery

 

 

QUICK FACTS

 

  • Craft beer is a rapidly expanding industry in Ontario, employing more than 1,500 people in direct brewery jobs, and generating more than $69 million in sales last year at the LCBO.
  • New opportunities for the sale of beer are being created in groceries stores across Ontario.
  • Currently, there are approximately 140 craft breweries currently operating across Ontario, approximately 70 of which sell product via the LCBO network.
  • This sector has seen significant year-over-year increases in revenues— up nearly 35 per cent annually in 2015-2016.
  • Since 2013, the governments of Canada and Ontario have committed more than $38 million to more than 750 projects for food, beverage and processor businesses through Growing Forward 2 cost-shared funding assistance.

 

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