Business group warns that axing Beer Store deal could deter investment

  • 📰 CP24
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 67%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The Ontario Chamber of Commerce is telling Finance Minister Vic Fedeli that ripping up a deal with The Beer Store could deter investment in the province.

The Progressive Conservative government tabled legislation last week that would terminate a 10-year contract with The Beer Store in order to allow the sale of beer and wine in corner stores.

It was signed by the previous Liberal government and permitted beer and wine to be sold in hundreds of grocery stores. The president and CEO of the chamber says cancelling a contract sends an alarming message to the business community in Ontario and beyond. Rocco Rossi says the business advocacy group has been supportive of this government, but breaking a legitimate contract is a short-sighted approach.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Not true...

Why are the billionaires so upset they had a monopoly on the industry for decades did they not make enough money that they can't share the wealth now.

Oh no! Who will want our government sanctioned monopolies?

The government tearing up contracts with business’s could deter other investment? Shocking!

NOT! we need Canadians investing in Canada, rather than foreigners OWNING so much of Canada...

Tearing up a 'sole sourced' contract will deter business? You'd think it would increase business and open it up to competition.

Beer store employee ad.

The beer companies will sell more beer thus is an ad by the beer store employees to feel sorry for them

What's the rush. Why is Ford willing to spend my Tax dollars on this while cutting health care/autism/fighting feds carbon tax/plus/plus/plus. Makes no sense!

Cannabis in every corner store

hahahahaha

Which boards do the members sit on?

Ya, and the people will boycott drinking beer!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 30. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

As craft beer market grows, so do wild flavoursBrewers have always experimented, from the medieval Belgians who stirred sour cherries into their beer to newer varieties like the white IPA, but today's brewers have kicked it up a notch as they try to distinguish themselves from other craft beer makers. Speaking of which, BC Craft Beer is really catching on eh BobKronbauer. I think BC takes the throne for craft beer in Canada.
Source: CTVNews - 🏆 1. / 99 Read more »

Micro madness: How B.C.’s craft cannabis industry is losing out on legalizationAs Canada’s legal cannabis industry struggles to fill store shelves, thousands of illicit growers eager to come in from the cold find themselves caught in bureaucratic limbo In which the globe and mail quote a bunch of people who have never even attempted to participate in the legal market about how they are being 'kept out' of the industry. It's almost as if it's easier and more lucrative to keep breaking the law while pretending you are kept out.
Source: globeandmail - 🏆 5. / 92 Read more »