TOareaFan
Superstar
With so few licenses in this first batch to spread around the province there was always going to be gaps....like the 4th largest municipality in the province getting exactly zero!Pretty much nothing in the city at all.
With so few licenses in this first batch to spread around the province there was always going to be gaps....like the 4th largest municipality in the province getting exactly zero!Pretty much nothing in the city at all.
There are, what, 58 stores....Mississauga has 2 of them? So 3.5% of the outlets in a city with, what, 5.5% of the province's population at the 2011 census....seems 'sauga got close to "fair share" given the limited number of licenses granted.What a surprise barely anything for Mississauga, and where they chose are close to LCBOs already. #fail
Allowing beer sales in certain grocery stores got me thinking: if beer and alcohol is already heavily taxed, why does Ontario need the LCBO and Beer Store to sell alcohol when taxes from sales in grocery or corner stores would go to provincial coffers anyways?
I'm anticipating some sort of response of "maximizing sales for the province" but certainly grocery retailers could do the job just as well.
Through the LCBO the provincial treasury benefits from the tax revenue and, as you noted, they still would do so if someone other than the LCBO sold the same bottle(s).....but being the retailer as well as the taxer allows the province to also profit from the retailer's mark up on the product itself. LCBO is profitable ( very much so) over and above the tax revenue.
how so? If the province just closed the LCBO and let others sell alchohol instead...all the province would get is the tax revenue and the "others" would make the retailer markup...yes those profits would, in turn, get taxed but there would be a hole in the provincial coffers because they would simply be earning a percentage of the profits rather than getting all of them.In which case doesn't its immense profitability over and above the tax revenue make its existence pretty redundant?
how so? If the province just closed the LCBO and let others sell alchohol instead...all the province would get is the tax revenue and the "others" would make the retailer markup...yes those profits would, in turn, get taxed but there would be a hole in the provincial coffers because they would simply be earning a percentage of the profits rather than getting all of them.