Le Lézard
Classified in: Business
Subjects: ECO, CPG

The SAQ implements initiatives in support of Quebecers


MONTREAL, April 16, 2020 /CNW Telbec/ - Aware of the pandemic's impact on Quebecers, customers and partners, the SAQ is adopting a series of measures to aid the collective effort and assist those in need.

Donations and sponsorships maintained
The SAQ is maintaining its donations and sponsorship program and will continue honouring its commitments to the some 300 community organizations, foundations and festivals it supports in every region of Quebec, even if the associated events have to be cancelled due to the current situation. By doing so, the SAQ hopes to continue supporting sectors severely affected by the crisis and ensure the ongoing viability of the cultural offering in Quebec.

Inventory of 94% ABV neutral spirit made available to health care establishments
To help alleviate the current shortage of disinfectant products, the SAQ has frozen its inventory of 94% ABV neutral spirit products and made it available to Quebec's Ministère de la Santé et des Services sociaux. The SAQ had already donated some 1,500 bottles of 94% ABV neutral spirit to a dozen hospital centres in Quebec.

Food assistance
In addition to its $1 million emergency donation to the Food Banks of Quebec network on March 18, the SAQ continues to encourage initiatives for assisting Quebecers who find themselves in a precarious situation. For example, the company has donated another $50,000 to La Tablée des Chefs, which has launched Les cuisines solidaires, a program aimed at creating an emergency stockpile of around 1.6 million meals to be stored by Food Banks of Quebec and distributed to people in need of prepared meals instead of foodstuffs.

Price increases postponed
In view of the economic pressure placed on many households, the SAQ has agreed with its suppliers to postpone the retail price increases on wines and spirits normally planned for May. While price cuts are allowed on a continual basis, the SAQ limits price increases to two predetermined periods a year, in May and November. The effective date for the new prices will be based on how the ongoing crisis evolves.

Support for restaurateurs
The restaurant industry is particularly hard hit by the pandemic and the SAQ is keen to provide support to its partners. Among other things, the company has implemented a new procedure to facilitate product returns and made the payment conditions for permit holders more flexible. In addition, the SAQ is leveraging its various platforms to promote the take-out and delivery services offered by some establishments.

Home delivery service
Since April 6, customers who are voluntarily self-isolating or want to limit their outings can once again have their SAQ orders delivered directly to their home instead of a postal outlet. The home delivery service for online purchases has been reinstated and is now provided by Purolator. The $12 delivery fee remains in effect and continues to be donated to Food Banks of Quebec.

Executive salaries frozen
The SAQ has decided to freeze the salaries of its executives for fiscal 2020-2021. It is also postponing this year's payment of performance-based variable pay to non-unionized employees, which is part of their overall compensation package, until September 2020, which is around the end the second quarter of the 2019-2020 fiscal year.

In the extremely difficult economic and health situation faced by many Quebecers, the SAQ hopes its initiatives and decision to maintain operations will enable it to continue sharing with those in need.

SOURCE Société des alcools du Québec - SAQ


These press releases may also interest you

at 03:38
HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has officially announced a strategic investment in Merkle 3s Capital, an innovative hybrid Global Web3 Fund based in Hong Kong, dedicated to the research and development of...

at 03:07
Global consulting firm J.S. Held, proudly celebrating 50 transformative years, announces the promotion of 93 distinguished experts across multiple practices and geographies. These well-deserved senior expert promotions span the firm's areas of...

at 03:00
DWF Labs, a new generation Web3 investor, will be onboarding as Klaytn's latest Governance Council (GC) member, with their GC membership application having passed on-chain voting with 98% in favor. In a bold move to demonstrate their commitment to...

at 01:59
Höegh LNG Holdings Ltd. ("Höegh LNG") has today published its 2023 Annual Report and 2023 Sustainability Report. Both reports are available at hoeghlng.com. Strong performance driven by FSRU deliveries to Europe In 2023, Höegh LNG delivered the...

at 01:17
On April 16th, the Yiwu China Commodities City unveiled a new welcoming committee, comprising the region's top women entrepreneurs, to aid international buyers in sourcing local products. Over 120 skilled businesswomen from the committee will provide...

at 00:14
OKX, a leading crypto exchange by trading volume and a leading Web3 technology company, has issued updates for April 19, 2024. OKX...



News published on and distributed by: