Close X
Monday, December 2, 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

Trudeau urges provinces to seek federal help with testing, contact tracing

Trudeau urges provinces to seek federal help with testing, contact tracing
Strong testing and contact-tracing measures are needed across Canada to prevent a resurgence of the COVID-19 pandemic, Prime Minister Justin Trudeau said Friday as he promised federal help for any provinces struggling to implement such measures.

Trudeau urges provinces to seek federal help with testing, contact tracing

Low profits, few customers in post-pandemic recovery says B.C. business survey

Low profits, few customers in post-pandemic recovery says B.C. business survey
A survey of British Columbia businesses finds barely one quarter believe they can open and operate profitably as the province gradually eases COVID-19 restrictions.

Low profits, few customers in post-pandemic recovery says B.C. business survey

Dr. Bonnie Henry : Influenza & Covid19 Not same | Be Prepared for the second wave this fall

Dr. Bonnie Henry : Influenza & Covid19 Not same | Be Prepared for the second wave this fall
As we slowly re-open we need to make sure that we practice physical distancing, hand-sanitization and most importantly stay calm and stay safe.

Dr. Bonnie Henry : Influenza & Covid19 Not same | Be Prepared for the second wave this fall

COVID-19 pandemic adds risk to wildfire season: B.C. forests minister

COVID-19 pandemic adds risk to wildfire season: B.C. forests minister
The COVID-19 pandemic has increased the danger of British Columbia's wildfire season and the province's forests minister says public help is crucial to reducing fires.

COVID-19 pandemic adds risk to wildfire season: B.C. forests minister

B.C.'s minimum wage increase of 75 cents will go ahead as planned: minister

B.C.'s minimum wage increase of 75 cents will go ahead as planned: minister
There are no plans to defer a June 1 increase in British Columbia's minimum wage because of COVID-19, says the province's labour minister.

B.C.'s minimum wage increase of 75 cents will go ahead as planned: minister

TransLink's COVID-19 recovery adds routes, cleaning, urges passengers wear masks

TransLink's COVID-19 recovery adds routes, cleaning, urges passengers wear masks
The corporation overseeing Metro Vancouver's transportation network says it is restoring routes, enhancing cleaning and recommending passengers wear masks as B.C.'s COVID-19 restart begins.

TransLink's COVID-19 recovery adds routes, cleaning, urges passengers wear masks