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Are Canadians swapping alcohol for weed? What new data shows

Canadians are cutting back on alcohol purchases, a new report from Statistics Canada suggests, as sales data shows a boost in another substance’s sales.

Recreational cannabis sales by provincial authorities increased by 15.8 per cent year-over-year. Canadians spent a total of $4.7 billion in the 2022 to 2023 fiscal year, according to Statistics Canada, which is a $0.6 billion jump from the previous year.

Booze is getting too expensive.

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