Beer Store changes and Hydro sell-offs will feature prominently when Ontario Finance Minister Charles Sousa tables his 2015 budget on April 23.
The Wynne government will introduce its 2015 Ontario budget on April 23. The budget will focus on plans for hydro asset sales and changes to Ontario’s alcohol retail system, Ontario Finance Minister Charles Sousa said Tuesday.
Ontario’s budget will be tabled just two days after the federal fiscal plan is tabled in Ottawa.
A panel chaired by Ed Clark, former CEO of TD Bank Group, is looking at the private Beer Store and public assets such as Hydro One and the Ontario Liquor Control Board. Its report will be released Thursday.
The Liberal government has been clear for months that change is coming to Ontario’s alcohol distribution system and, in particular the Beer Store, a foreign-owned, near-monopoly. Continue reading
Reports suggest that the Ontario government plans a huge shake-up In the LCBO and Beer Store. This could result in allowing beer and wine sales in 300 of the province’s 1,500 large supermarkets.
The spring Ontario budget is expected to outline new alcohol retail policies that could see up to 300 new wine and beer sales licences sold to large supermarket chains as a way to generate more revenue for the provincial government and open up Ontario alcohol sales.
Media reports suggest that the Wynne government has decided to liberalize Ontario’s restrictive beer and wine retailing to initially allow sales in 300 of the province’s 1,500 grocery stores.
Reports indicate that the government will auction off retail licences and limit supermarket chains from owning more than 75 apiece in order to bolster competition.
Sale of hard liquor will continue to be restricted to the publicly-owned Liquor Control Board of Ontario, which runs 651 outlets and 212 independent stores in rural areas. The LCBO will continue to sell beer and wine as well. Continue reading
No Ontario Government Action Planned To End Foreign-owned Beer Store Monopoly on Ontario Beer Sales
Looks like the foreign owners of The Beer Store don’t have much to worry about despite recent grumblings that it is time for their 90 year-old beer sales monopoly to be wound up.
The Ontario government may very well end up doing a little tinkering around the edges but inside sources suggest no major changes in the private monopoly are planned. The Beer Store’s iron grip on Ontario beer sales seems safe for now. Continue reading