The Financial Accountability Officer said Monday his office will look into how much LCBO will stand to lose as convenience, grocery and big box stores begin offering booze.
alcohol expansion policies after the province agreed to pay $225 million to end an exclusivity contract, paving the way for beer and wine to be sold in corner stores.
“They can do a full, thorough investigation,” said Liberal MPP Stephanie Bowman, who initially requested the review. “They will be able to look at all of these agreements … and look at estimated impacts on taxpayers revenues and other costs.”There has been fierce debate over just how much the plan to liberalize the sale of alcohol will cost.
Finance Minister Peter Bethlenfalvy has refused to engage with that claim and previously called the Liberal calculations “made-up numbers.” Other than a promise to provide regular updates on the cost through his already-planned quarterly financial briefings, the minister has not ventured into how much the deal will ultimately cost public coffers.
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