Ontario’s FAO probing $225M deal to speed up alcohol sales in corner stores

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Ontario’s FAO probing $225M deal to speed up alcohol sales in corner stores
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Ontario’s Financial Accountability Office (FAO) is investigating a decision by the Ford government to accelerate the expansion of alcohol sales in the province to corner stores— a move that involves a payment of up to $225 million to The Beer Store.

Ontario Premier Doug Ford attends an press availability at a convenience store in Toronto, Thursday, Dec. 14, 2023. THE CANADIAN PRESS/Chris Young

The province announced back in May that while an exclusive deal with The Beer Store was set to expire in 2025, they had made arrangements so that convenience stores could start selling alcohol a year earlier. As part of that deal, the government agreed to reimburse the conglomerate up to $225 million. The province said the payment was to help secure jobs and smooth the transition.

However opposition parties were unconvinced. They slammed the deal, saying that money was sorely needed elsewhere, and there was no rush to expand alcohol sales. “Ontario’s Liberals call on the Ford government to cooperate fully with this investigation and ensure the FAO receives the information he needs to complete his work,” Ontario Liberal Leader Bonnie Crombie said in a statement.

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