LCBO

Ontario's Booze Prices Too High: AG

  • First Posted: Dec 06 2011 13:39 PM
  • Updated: 13 minutes ago

This weekend, raise your glasses, mugs, tumblers, highballs, bottles, and shot glasses to Jim McCarter.

If there's one thing that unites residents of Ontario, it's the widespread acceptance that we're getting hosed whenever we buy alcohol. Anyone who's been to Quebec, or the U.S., knows that the booze prices in Ontario seem a little steep. (Not to mention that you can only really buy it from the LCBO or Beer Store, but that's for a different day.) This week, drinkers found a new ally in provincial Auditor General Jim McCarter, who railed against the LCBO for not getting the cheapest prices possible for Ontario consumers. As the LCBO is one of the biggest purchasers and retailers of alcohol on the planet, it carries significant heft when buying wholesale from alcohol manufacturers. But McCarter slammed the L-C for buying products according to how much they want to charge for them, and not doing enough to use their leverage to convince manufacturers to sell their goods for less. (This is due to a delightful little notion known as "economies of scale".) Provincial Finance Minister Dwight Duncan seems to be onboard with McCarter, as paying less for alcohol would surely lower the LCBO's operating expenses, with some savings passed on to the consumer (we hope).

Comments

LATEST NEWS

So Long and Thanks for All The Hits

In which we bid adieu and do something t...

MacKay Underestimated Libya Cost by $300 M

Well, at least we won, kinda....

SpaceX Laying Groundwork for Visits to Private Space Stations

No more low-orbit fly-bys for SpaceX –...

Globe and Mail To Hide Behind Paywall

As if they actually expect people to pay...

MCA's Death Puts 7 Beastie Boys Albums on Billboard 200

Only Hello Nasty and To The Five Borough...

Prince Charles Does The Weather, Is Actually Charming

While he might never get to be king, at ...

Greek Unemployment Hits New High

One in four Greeks are unemployed, while...

NDP Outpolling Tories

The NDP is now nipping at the Tories' he...

Details of First Low-Cost 'Artificial Leaf' Published

An MIT chemist has found a way to replic...

National Post Infographic Details Child, Forced Labour Worldwide

Some of the world's hottest economies â€...

Rothko, Pollock Help Smash Contemporary Art Auction Record

Nearly $400 million was spent on a haul ...

Only A Quarter of Americans Support Afghanistan War

A new poll shows that support for the de...

play

FEATURED VIDEO

The Spirit Bear has come to symbolize the mystery and greatness of the West Coast but also what is threatened by oil interests.

<i>Tipping Barrels</i> follows surfers into the Great Bear Rainforest, where they learn more about the region and issues confronting it.

Tipping Barrels Follows Surfers into Great Bear Rainforest

The Spirit Bear has come to symbolize the mystery and greatness of the West Coast but also what is threatened by oil interests. Tipping Barrels follows surfers into the Great Bear Rainforest, where they learn more about the region and issues confronting it.