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The Liquor Control Board of Ontario (LCBO) is a provincial Crown corporation established in 1927 by Premier Howard Ferguson to sell liquor, wine, and beer in Ontario through a chain of retail stores. LCBO stores are the only stores allowed to sell hard liquor in Ontario. Currently, the LCBO is the world’s largest single purchaser of beverage alcohol products. Beer is also sold by the (Molson Coors, InBev and Sleeman owned) Brewers Retail Inc., which goes by the name The Beer Store. Wine can also be found in a number of stores operated by wineries that sell their own brands. Image File history File links Logo_-_LCBO.gif Summary Company Logo Licensing File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ...
In Commonwealth countries a Crown corporation is a state-controlled company or enterprise (a public corporation). ...
1927 (MCMXXVII) was a common year starting on Saturday (link will take you to calendar). ...
Template:Hide = Motto: Template:Unhide = Diversity Our Strength Image:Toronto, Ontario Location. ...
A drawing of a self-service store Retailing consists of the sale of goods/merchandise for personal or household consumption either from a fixed location such as a department store or kiosk, or away from a fixed location and related subordinated services (Definition of the WTO (last page). ...
Revenue is a U.S. business term for the amount of money that a company earns from its activities in a given period, mostly from sales of products and/or services to customers. ...
ISO 4217 Code CAD User(s) Canada Inflation 2. ...
Employment is a contract between two parties, one being the employer and the other being the employee. ...
A website (or Web site) is a collection of web pages, typically common to a particular domain name or subdomain on the World Wide Web on the Internet. ...
In Commonwealth countries a Crown corporation is a state-controlled company or enterprise (a public corporation). ...
1927 (MCMXXVII) was a common year starting on Saturday (link will take you to calendar). ...
In Canada, a Premier is the head of government of a province. ...
The Honourable George Howard Ferguson, PC (June 18, 1870-February 21, 1946) was a Conservative politician and Premier of Ontario, Canada, from 1923 to 1930. ...
Spirits redirects here. ...
A glass of red wine This article is about the alcoholic beverage. ...
A selection of bottled beers A selection of cask beers Beer is the worlds oldest[1] and most popular[2] alcoholic beverage, selling more than 133 billion litres (35 billion gallons) per year - producing total global revenues of $331. ...
Motto: Ut Incepit Fidelis Sic Permanet (Latin: Loyal she began, loyal she remains) Official languages English (de facto) Capital Toronto Largest city Toronto Lieutenant-Governor James K. Bartleman Premier Dalton McGuinty (Liberal) Parliamentary representation - House seats - Senate seats 106 24 Area Total - Land - Water (% of total) Ranked 4th 1,076...
Spirits redirects here. ...
Molson-Coors is a new brewinggiant created by the merger of Aloph Coors of the United States and Molsons of Canada in March 2005. ...
InBev (Euronext: INB, NYSE: ABV) is a Belgian brewery company, the worlds largest producer of beer by volume[1] and the second largest alcholic beverage company in the world after British giants Diageo. ...
Sleeman Breweries Ltd. ...
A The Beer Store location in Ottawa Brewers Retail Inc. ...
A The Beer Store location in Ottawa Brewers Retail Inc. ...
Licensed bars and restaurants may resell alcoholic beverages, but they must be consumed on the establishment's premises. Notably, Ontario is the only jurisdiction in North America where off-sales are forbidden. The bars and restaurants themselves must buy their drinks from the LCBO. Tourists sit outside a bar in Chiang Mai, Thailand A Depression-era bar in Louisiana. ...
Toms Restaurant, a restaurant in New York made familiar by Suzanne Vega and the television sitcom Seinfeld A restaurant is an establishment that serves prepared food and beverages to order, to be consumed on the premises. ...
Off-sale or off-licence refers to the sale of an alcoholic beverage intended for consumption away from the establishment. ...
Pricing
While it is impossible to generalize comparative pricing for the thousands of different alcoholic beverages available through LCBO, the stores have acquired a reputation for high prices. Online price comparisons with independent wine retailers such as Sherry-Lehman [1] in neighboring New York State can indicate price differences ranging from 10% (in LCBO's favor) to 30% (in the independent retailers' favor). Wine Access[2], a Canadian food and wine magazine, has claimed that high-end luxury brands sell in Ontario for up to 60% more than in New York State. [1]
The LCBO pricing policies are designed to control alcohol consumption, generate revenue for the provincial and federal governments, and to support the domestic alcohol beverage industry, especially by providing incentive to Ontario wine. Within this framework, the prices of LCBO products are subject to three policy constraints:
- All prices are uniform throughout the province, despite inevitable differential costs incurred by transportation and distribution. This policy effectively subsidizes the transportation of goods into the rural parts of the province. As of April 1, 2007, this policy will change. Agents will no longer be able to utilize LCBO stores as pick up points for customer orders. Agents will have to arrange for transfer of products to licensees.(March 5 2007 memo from Mark Scobie General Manager of Specialty Services and Distribution at the L.C.B.O.)(At the same time, however, store managers have the right to reduce prices of 'bin-end' items at their discretion.)
- The LCBO uses a system of "floor pricing", or minimum selling prices, using price control as part of its social responsibility mandate to discourage excessive alcohol consumption. This has been criticized as being a legally sanctioned price fixing mechanism to guarantee profits and discourage price competition, thus protecting established major producers.[citation needed]
- Less-intoxicating beverages such as light wines and beer are in effect sold by the LCBO at reduced prices, again with the stated object of influencing consumption patterns as part of the Board's social responsibility mandate. [2]
Social responsibility is a doctrine that claims that an entity whether it is state, government, corporation, organization or individual has a responsibility to society. ...
The examples and perspective in this article do not represent a worldwide view. ...
Profits The company is considered profitable for the provincial government, returning $1.2 billion to the Ontario government in its most recent fiscal year. Some critics claim it is not profitable enough, especially considering the monopoly it retains. As a point of reference, Ontario's net income from the LCBO and other alcoholic beverage outlets was $1.637 billion in 2005, or 25.6% of the total alcoholic beverage sales of $6.388 billion, while in Alberta, where the liquor retailing has been privatized, the government still earned 34.9% of the alcoholic beverage revenues.[3]. However, the figures are not entirely comparable as the Ontario government's tax income on a percentage basis is significantly lower on the Beer Stores' and independent wine stores' sales than the margins LCBO produces. In economics, a monopoly (from the Latin word monopolium - Greek language monos, one + polein, to sell) is defined as a persistent market situation where there is only one provider of a product or service. ...
History The LCBO grew out of early twentieth century prohibitionist thinking, and was designed to allow the government to better enforce the legal drinking age. For many years the stores remained deliberately uninviting, with customers forced to apply in paper for what they wanted and having it then fetched by a staff member after the customer's age was carefully checked. This article is about the prohibition of alcoholic beverages; separate articles on the prohibition of drugs in general and writs of prohibition are also available. ...
In the 1970s the stores changed to become more inviting with decorative displays of alcohol, and in the 2000s many of the stores were renovated and enlarged to provide larger product selection. Most current stores have Vintages sections with rotating selections of vintage wines and premium spirits. Today the LCBO is known for good customer service, wide selection and its promotion of social responsibility in alcohol consumption. The 1970s decade refers to the years from 1970 to 1979, inclusive. ...
This article is becoming very long. ...
Social responsibility is a doctrine that claims that an entity whether it is state, government, corporation, organization or individual has a responsibility to society. ...
The future There have been numerous discussions about whether the province should sell, or privatize, the LCBO. It has been argued that the main benefit would be the billions of dollars that would be the immediate windfall from any sale. However, this sale would only deliver a one-time profit, and the province would lose out on a source of steady yearly income. It has also been argued that the government could actually earn more money by dismantling the high-margin retail stores while keeping the lucrative wholesale business as Alberta's privatization of the liquor business suggests. The LCBO today makes about 1.2 billion Canadian dollars per year (excluding tax revenues generated by Brewers Retail and the independent wine stores), and a sale has been estimated to reap about six billion dollars. Former Premier Ernie Eves stated that when he investigated this possibility, a 100 per cent sale through an income trust would generate 16 billion dollars. Motto: Fortis et liber (Latin: Strong and free) Official languages English (see below) Flower Wild rose Tree Lodgepole Pine Bird Great Horned Owl Capital Edmonton Largest city Calgary Lieutenant-Governor Norman Kwong Premier Ed Stelmach (PC) Parliamentary representation - House seats - Senate seats 28 6 Area Total - Land - Water (% of total...
ISO 4217 Code CAD User(s) Canada Inflation 2. ...
Ernest Eves (born June 17, 1946) was the twenty-third Premier of the province of Ontario, Canada, from April 15, 2002, to October 23, 2003. ...
An income trust is an investment trust that holds income-producing assets. ...
The main benefits of privatization to the consumer, as seen by comparisons with other provinces, would be more stores, greater convenience, more discount sales, lower prices for popular and bulk items, and longer store hours. The disadvantages would be reduced selection at smaller, less central locations and higher prices for some items, and reduced government oversight in the sale of alcohol which is an addictive and mind-altering substance. If one scales the Albertan privatization model to Ontario's population, a privatized system would likely employ more than 15,000 people compared to approximately 3,350 LCBO employees and, depending on the exact model chosen, may benefit the convenience and grocery store sectors in Ontario. However, there would likely be a greater proportion of part-time jobs in the system. Part time refers to the amount of time and effort spent by someone in employment (or another activity, such as volunteering) compared to a normal full-time job. ...
In an attempt to find more revenue for the government within the current system, former Ontario Finance Minister Greg Sorbara ordered a review of the province's liquor distribution methods, under the supervision of John Lacey, a former LCBO board member and grocery executive. Sorbara had stated that any option, other than the complete privatization of the LCBO, would be open for discussion. Subsequent to the release of the report, known as the Beverage Alcohol System Review (BASR)[4], Sorbara rejected the report's recommendations and argued for the continued public ownership of the LCBO. Greg Sorbara (born September 4, 1946 in Toronto, Ontario) is a politician in Ontario, Canada. ...
As it stands currently, there seems to be little governmental support for privatization. Supporters of the status quo claim that the public does not trust private shops to sell alcohol with the public interest as a priority and are content with the LCBO monopoly. [5]
Recycling program In December 2006, the LCBO announced their recycling program[3] for bottles. The program, which commenced operations in February 2007 is being administered and operated by Brewers Retail Inc., and consumers are required to return the empty bottles to the Beer Store outlets rather than the LCBO. The deposit rates for the bottles are as follows: This does not cite its references or sources. ...
For the Manfred Mann album, see 2006 (album). ...
For other uses, see February (disambiguation). ...
2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the Anno Domini (common) era. ...
A The Beer Store location in Ottawa Brewers Retail Inc. ...
- Large glass bottles - $0.20 each
- Small glass bottles and tetra paks - $0.10 each
Notes
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