Le Lézard
Classified in: Business
Subjects: SVY, ECO, AVO, CPG

Ontario's farmers, workers, and economy rely on real alcohol choice and convenience


TORONTO, Oct. 3, 2019 /CNW/ - Spirits Canada today welcomed new analysis by the Canadian Centre for Economic Analysis (CANCEA), which demonstrates the value of Ontario's distilled spirits manufacturing and the serious consequences of artificially limiting the industry's growth potential. 

Logo: Spirits Canada (CNW Group/Spirits Canada)

Spirits Canada President and CEO Jan Westcott, reacting to the report, commented: "Ontario promised real choice and convenience in alcohol shopping options for Ontarian adults.  Now, the government must ensure distilled spirits made here at home are given at least equal treatment as provided for imported beer and wine.

"Failing to do so," Westcott continued, "would decrease Ontario farm purchases, put jobs here at risk, and rob the provincial treasury of more than half a billion dollars in tax revenue over ten years." 

Ontario need not look far for real-world evidence of these opportunities and risks.  When British Columbia included spirits in its private liquor sales expansion, the province reaped the benefits - doubling provincial revenue and enhancing consumer satisfaction.

On the other hand, when Quebec excluded spirits from grocery and corner stores, spirits lost 65% of its market share, shuttered facilities, and shed jobs. 

CANCEA's data-driven analysis shows Ontario can expect to see the same bleak outlook as Québec, unless it delivers on Premier Ford's promise to respect adults' independence to choose what they drink and where they shop.

EDITORS' NOTES

CANCEA quick facts:

For full CANCEA report, see: https://www.cancea.ca/spiritsopportunities,

SOURCE Spirits Canada


These press releases may also interest you

at 16:45
Chicago Rivet & Machine Co. today announced audited results for the year 2023 as summarized below: CHICAGO RIVET & MACHINE CO. Summary of Consolidated Results of Operations For the Years Ended December 31 2023 2022 Net sales $31,507,722 $33,646,033...

at 16:41
In celebration of Trans Day of Visibility, Equalpride is proud to announce a partnership with TransLash Media for the release of a short film series on Advocate Channel, ARTISTIC LEGACIES....

at 16:40
Pomerantz LLP is investigating claims on behalf of investors of DraftKings Inc. ("DraftKings" or the "Company") . Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980....

at 16:35
Discover Financial Services plans to report its First quarter 2024 results after the market closes on Wednesday, April 17, 2024. The earnings release will be available through Discover's Investor Relations website at...

at 16:35
On Monday, April 29, 2024 at approximately 8:30 a.m. Eastern Time, Franklin Resources, Inc. (the "Company") [NYSE:BEN] will release its second quarter operating results. A written commentary on the results will also be available via...

at 16:35
Travel + Leisure Co. announced today it will release first quarter 2024 financial results on Wednesday, April 24, 2024, before the market opens, followed by a conference call at 8:00 a.m. EDT. Michael D. Brown, President and CEO, and Mike Hug, CFO,...



News published on and distributed by: