The Ford government says the true cost won't be known until people are buying more drinks from grocery and convenience stores instead of the LCBO, but one of the opposition parties hazarded a guess
EDITOR’S NOTE: This article originally appeared on The Trillium, a Village Media website devoted exclusively to covering provincial politics at Queen’s Park.
Premier Doug Ford acknowledged the government will pay up to $225 million to The Beer Store, "to protect jobs across the province and to keep The Beer Store locations open for the continued availability of recycling and bottle return." The LCBO pays its profits to the government in dividends, which the government uses to fund public services. In 2022-23, the LCBO paid $2.58 billion to the government in dividends, according to its annual report for the year.
The LCBO — and by extension, the government — is also going to forego some of the fees it currently charges brewers. The Liberals estimated the loss of these cost-of-service fees would be $300 million by the end of 2025, just for the big three brewers that own The Beer Store. The government's estimate is far lower. Blachar said the decision to rebate the fees for all brewers will cost the government $45 million a year — $67.5 million by the end of 2025.
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