If LCBO remains as the wholesaler/distributor and doesn't have the high costs of operations due to running retail, they will make the same or more considering the volume of sales at 3x more the retailers than there are now.
LCBO Store Employees On Strike!
- Thread starter unassuming
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Instead of "charity" do you prefer "ransom"?
What are "fair wages"?
What is a "strong workforce"?
Why do you think owners and shareholders of a businesses should make as much as the workers they employ? How much more should they be allowed to make?
We have federal legislation to break up monopolies, but you are suggesting that Ontario public policy should be to hold on to a monopoly that they created by statute?
You really still can't understand the basics?
Alberta gets sales tax from liquor sales.
Ontario gets sales tax, some distribution and around $2.2 billion a year from retail sales through the LCBO stores.
Alberta collects nothing from retail sales.
Galbraith had a sense of entitlement? Do you have the slightest idea who he is.? I’ll give you a big hint. He’s something you are not.
Why do you think that's bullshit? (or is that your standard response when you don't want to accept reality?)
Alberta turned from government-run liquor stores to private liquor stores more than 30 years ago. Yet, despite having a fully private retailing system, their provincial liquor regulator returns a larger dividend per capita to the provincial treasury than the LCBO does.
Statistics Canada tracks the annual net income of liquor authorities in Canada and for fiscal year 2022-23, Alberta returned $825,104,000 to the provincial coffers. With a population of 4,645,229 as of April 1, 2023, that means the Alberta Gaming, Liquor and Cannabis Commission gave the government a per capita return of $177.62.
https://torontosun.com/opinion/columnists/heres-the-facts-on-the-lcbos-2-5-billion-dividend
Wow...I managed to get a full sentence response from you by posting a simple meme. Imagine that! More than 1 or 2 words!
You're evolving as a human being right before our eyes! Have a cookie on me champ!
This is just blabber.
What specific detail did you find unreasonable from the union?
Yes. The monopoly is owned by the people and the funds go directly back to the people.
They only have a higher per capita because they pay more.
Plus as I posted before, they have lost out on revenue.
And finally, Alberta doesn't even have an open retail structure.
You can find where the money made vs spent by doing a simple Google search for the LCBO financial report.
There you can see that they spend over $1 billion on operations.
Now remove that cost, multiply the proposed additional number of retail outlets liquor could be sold from (which was estimated at about 2000 (there are currently approx. 660 LCBO retail stores...that's where the 3x comes from.
Also, do a simple Google search on alcohol prices across Canada and you'll be pleasantly surprised that they are very competitive in Alberta? You know why? Because there's competition.
They don't pay more...their prices are one of the best in the country.
From your article, they also have the major retailers operating liquor stores of their own...just separate from the grocery stores.
"Large grocery retailers, including Loblaws, Sobeys and Costco, already operate their own standalone liquor stores in Alberta, often in the same shopping complexes as their grocery stores."
No thanks, chump. But keep honing your food service industry skills.
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