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

Drone retrieves human remains, pieces of navy helicopter that crashed off Greece

Drone retrieves human remains, pieces of navy helicopter that crashed off Greece
The Canadian Armed Forces has ended a mission to retrieve the wreckage of Stalker 22, a Cyclone helicopter that went down off the coast of Greece in April with six military members on board.

Drone retrieves human remains, pieces of navy helicopter that crashed off Greece

Trudeau government given failing grade for lack of action plan on MMIWG

Trudeau government given failing grade for lack of action plan on MMIWG
It was Sonya Nadine Mae Cywink's 31st birthday when she went missing in Ontario in mid-August of 1994.

Trudeau government given failing grade for lack of action plan on MMIWG

More Arctic politicians join call for RCMP to wear body cameras in Nunavut

More Arctic politicians join call for RCMP to wear body cameras in Nunavut
The mayor of Iqaluit is joining other Arctic leaders calling for RCMP members in Nunavut to wear body cameras.

More Arctic politicians join call for RCMP to wear body cameras in Nunavut

Meng hearing schedule to expand; lawyers ask for 'referee' in case

Meng hearing schedule to expand; lawyers ask for 'referee' in case
Legal arguments at the B.C. Supreme Court in the extradition case of Huawei executive Meng Wanzhou may stretch into next year.

Meng hearing schedule to expand; lawyers ask for 'referee' in case

CRA Sets Up Anonymous Snitch Line To Catch CERB & Tax Fraud

CRA Sets Up Anonymous Snitch Line To Catch CERB & Tax Fraud
Beware not to fraud the govt if you have applied for CERB, wage subsidy or other funding programs during the ongoing COVID-19 pandemic as the Canada Revenue Agency has you under its watch and you will have to repay the money.

CRA Sets Up Anonymous Snitch Line To Catch CERB & Tax Fraud

Telus dumps Huawei chooses Ericsson and Nokia to build 5G network

Telus dumps Huawei  chooses Ericsson and Nokia to build 5G network
Two major Canadian telecommunication giants said they will build out their next-generation 5G wireless networks with equipment from European providers, dumping China’s Huawei Technologies Co.

Telus dumps Huawei chooses Ericsson and Nokia to build 5G network