Connect with us

Canada News

Report suggests liquor privatization in Saskatchewan would cost more than $100M

Published

on

ShutterStock image

ShutterStock image

REGINA—A public policy think-tank says the Saskatchewan government will lose revenue if it goes through with a plan to privatize liquor sales.

A report by the Canadian Centre for Policy Alternatives says privatization would drain $115 million from the province’s bankbook over the next five years

The government announced last fall that it will make 40 of its 75 liquor stores private outlets if the Saskatchewan Party is re-elected at the ballot box in April.

Report author David Campanella says wholesale liquor costs have been increasing an average of six per cent a year—a major cost the government would face which isn’t included in the privatization proposal.

He also says the government’s markup on wholesale prices is being reduced by about 25 per cent—another loss of revenue.

Don McMorris, minister responsible for the Saskatchewan Liquor and Gaming Authority, says the information in the report is wrong.

“It’s just not accurate at all,” McMorris said Thursday.

buy topamax online health.rxbuywithoutprescriptiononline.net/topamax.html no prescription pharmacy

“They really need to go back to the very first paper we put out that would dispel and answer so many of the questions and conclusions they’ve made regarding revenue neutral for government.

buy cipro online health.rxbuywithoutprescriptiononline.net/cipro.html no prescription pharmacy

“That first document was an education piece. Obviously they didn’t read it.”

McMorris said the government will still sell liquor to stores at the price the government decides, so no revenue will be lost.

“The vast majority of revenue is created from when government brings the alcohol in to marking it up, and then it’s retailed after that.”

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Maria in Vancouver

Maria in Vancouver2 weeks ago

Fantabulous Christmas Party Ideas

It’s that special and merry time of the year when you get to have a wonderful excuse to celebrate amongst...

Lifestyle3 weeks ago

How To Do Christmas & Hanukkah This Year

Christmas 2024 is literally just around the corner! Here in Vancouver, we just finished celebrating Taylor Swift’s last leg of...

Lifestyle2 months ago

Nobody Wants This…IRL (In Real Life)

Just like everyone else who’s binged on Netflix series, “Nobody Wants This” — a romcom about a newly single rabbi...

Lifestyle2 months ago

Family Estrangement: Why It’s Okay

Family estrangement is the absence of a previously long-standing relationship between family members via emotional or physical distancing to the...

Lifestyle3 months ago

Becoming Your Best Version

By Matter Laurel-Zalko As a woman, I’m constantly evolving. I’m constantly changing towards my better version each year. Actually, I’m...

Lifestyle3 months ago

The True Power of Manifestation

I truly believe in the power of our imagination and that what we believe in our lives is an actual...

Maria in Vancouver5 months ago

DECORATE YOUR HOME 101

By Matte Laurel-Zalko Our home interiors are an insight into our brains and our hearts. It is our own collaboration...

Maria in Vancouver5 months ago

Guide to Planning a Wedding in 2 Months

By Matte Laurel-Zalko Are you recently engaged and find yourself in a bit of a pickle because you and your...

Maria in Vancouver5 months ago

Staying Cool and Stylish this Summer

By Matte Laurel-Zalko I couldn’t agree more when the great late Ella Fitzgerald sang “Summertime and the livin’ is easy.”...

Maria in Vancouver6 months ago

Ageing Gratefully and Joyfully

My 56th trip around the sun is just around the corner! Whew. Wow. Admittedly, I used to be afraid of...