The Province has approved a temporary wholesale pricing model that will allow liquor licensees to purchase beer, wine and spirits at a reduced cost.
The pricing will be in place until Mar. 31, 2021, it will begin at the end of July. When it ends the program will then be reviewed. Currently, licensees pay full retail price, plus a retail mark-up set by the Liquor Distribution Branch. With the new model in place only the wholesale price will be paid.
Work is also underway by the government on several other measures identified in a report created by the Business Technical Advisory Panel. This includes, conversion of all rural agency store authorizations currently administered to a new form of rural liquor licence’s regulated under the Liquor and Cannabis Regulation Branch by the end of 2020.
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