Tuesday, 5 May 2015

Rule #247: The beer store monopoly

The Beer Store (TBS) is the trading name for Brewers Retail, a private and foreign-owned, joint-venture chain of retail outlets in Ontario, Canada, founded in 1927.

Holy crap! I did not know that.

Forty-nine percent of the company is owned by the Labatt arm of Anheuser-Busch InBev of Belgium; forty-nine percent is owned by Molson Coors Brewing Company which has headquarters in both the United States and Canada; and the remaining two percent is owned by Sleeman Breweries, an arm of Sapporo of Japan.
A July 2008 Toronto Star article estimated the three foreign entities that own TBS earned $1 billion in profit per year in Ontario

What the crap?!... Japan?

I'll give them this; TBS’ recycling efforts translate into cost savings for municipal governments as municipalities need not spend tax revenue on recycling packaging that TBS sells. In 2008, TBS estimated that its return program has saved taxpayers $38 million in waste management costs per year. This cost, however didn't get absorbed by TBS, I'm sure. It was passed on to the beer consumer. I'm ok with this though, as I believe in user based fees.

Regardless, it's a pain in the ass. Even though it's not as bad as it used to be. I remember when we had to visit "Mike" the bootlegger at Jane and Finch on Sundays and pay $30 for a two four. Yes, 30 bucks was a lot of money for a 2-4 back then. And when we were 20  we didn't have the foresight to realize on Saturday that we would need more beer on Sunday. At least we can legally buy beer on Sunday now. Thanks for being understanding, God.

At the very least, Ontario has to get on board with other provinces and allow booze to be sold in stores and gas stations. Here's a link to an on line petition I found started by Derek Forward.

In the new world, beer and liquor will be sold anywhere people want to sell it. Including my bar ...

"The Dizzy Bitch"!

(Although I've discovered there's not much of a profit margin at $0 per drink, 
but you can't put a price on good times with good friends)  

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