Close X
Friday, November 29, 2024
ADVT 
National

B.C. to cut retail liquor mark-up to help hospitality sector's COVID-19 recovery

Darpan News Desk The Canadian Press, 16 Jun, 2020 09:40 PM
  • B.C. to cut retail liquor mark-up to help hospitality sector's COVID-19 recovery

British Columbia is planning to expand measures to support restaurants, bars and tourism operations hard hit by COVID-19 restrictions.

The Ministry of Attorney General says a temporary wholesale pricing program will mean liquor licence holders can purchase beer, wine and spirits at reduced cost.

The program is set to begin at the end of next month and be in place until March 31, when it will be reviewed.

Restaurants, bars and pubs currently pay for liquor purchases at full retail price, which is the wholesale price, plus a retail markup set by the ministry's liquor distribution branch.

The new system will eliminate the retail mark-up.

The ministry says in a statement that it is also working on several proposals from a separate report, including creating a new rural liquor licence regulated by its liquor and cannabis regulation branch later this year.

Attorney General David Eby says changing the pricing system for liquor sales will help the hospitality industry, which has been one of B.C.'s hardest hit sectors, affecting as many as 190,000 jobs.

"Offering a wholesale discount for licensees was something we were exploring before COVID-19, but after the onset of the pandemic we accelerated efforts in order to support these community businesses as they try to find their feet," he says in the statement.

MORE National ARTICLES

Limit gun capacity to five bullets, victims group urges Trudeau government

Limit gun capacity to five bullets, victims group urges Trudeau government
As the government prepares new gun-control legislation, a victims group says magazine capacity should be limited to five bullets for all firearms to reduce the damage a mass shooter can do.

Limit gun capacity to five bullets, victims group urges Trudeau government

Canadians living in China watch developments in Meng case closely

Canadians living in China watch developments in Meng case closely
Canadian teacher Christopher Maclure remembers the first time he felt afraid living in China. Almost all the newspapers there carried stories about how angry Chinese officials were when Huawei's chief financial officer Meng Wanzhou was detained by Canadian authorities in Vancouver at the behest of the United States.

Canadians living in China watch developments in Meng case closely

Health officials concerned mass gatherings could become breeding grounds for COVID-19

Health officials concerned mass gatherings could become breeding grounds for COVID-19
Mass Protests Become Breeding Grounds for COVID-19 George Floyd was found to be COVID-19 positive at the time of his DEATH. What Does that mean to #BlackLivesMAtter Protests #Worldwide.

Health officials concerned mass gatherings could become breeding grounds for COVID-19

Trudeau urges shared COVID-19 vaccine at global summit in a week amid UN run

Trudeau urges shared COVID-19 vaccine at global summit in a week amid UN run
Prime Minister Justin Trudeau says a COVID-19 vaccine must be shared by the world in order to eradicate the disease.

Trudeau urges shared COVID-19 vaccine at global summit in a week amid UN run

'Defunding' police, funding mental health resources will save lives: experts

'Defunding' police, funding mental health resources will save lives: experts
The death of a Toronto woman who fell from her 24th-floor balcony while police were in her home has renewed calls for an overhaul of how society deals with people in mental health crises.

'Defunding' police, funding mental health resources will save lives: experts

Special payments to seniors to arrive in early July, Liberals say

Special payments to seniors to arrive in early July, Liberals say
Prime Minister Justin Trudeau says a special one-time payment for seniors will go out the week of July 6.

Special payments to seniors to arrive in early July, Liberals say