Posted in

LCBO profits are dropping due to bad management

LCBO – anyone else remember filling out the little order form and approaching the desk clerk to receive your liquor? So East Bloc, but here in Canada.

The LCBO made some remarkable news last week: 2025 will be the first year in a decade that Ontario’s government liquor stores will turn over less than $2 billion to provincial coffers.

Most of the analysis so far is that this is due to expanding the sale of beer, wine and ready-to-drink beverages to convenience, grocery and big-box stores.

Share