More than a year after Premier Doug Ford allowed convenience stores and more grocery stores to begin selling alcohol, Ontario’s publicly owned liquor store is grappling with falling revenue.
The Fall Economic Statement projects that for the first time in a decade, LCBO will take in less than $2 billion.
The drop in money brought in by the Crown corporation after alcohol market changes is something the employees repeatedly warned about during a strike last summer.
Toward the beginning of 2024, the Ford government announced it had agreed to a $225 million fee with the Beer Store to break its contract as an exclusive alcohol retailer.
That fund — which ordered the Beer Store to keep 300 stores open — allowed the government to expand alcohol sales across the province.
During the summe

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