REPORT: Opening up booze sales would lower prices
Posted Aug 20, 2014 05:36:19 AM.
This article is more than 5 years old.
A new report says Ontario could make more money from booze sales if it opened up the business to more retailers.
The study by the C-D Howe Institute also says more competition would lower prices for consumers.
It says the government is actually foregoing revenue by preserving its virtual monopoly on the sale of alcohol.
It says Western provinces with more competition had seven per cent more per capita in provincial alcohol profits than those with government-run monopolies.
The report recommends that Ontario allow wine and beer sales in grocery and convenience stores and licence other retail outlets to sell beer.
It also says the government should allow all wine retailers to have their own off-winery stores.
