Close X
Monday, November 25, 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

CMHC re-assessing policies through a racialized lens to eliminate discrimination

CMHC re-assessing policies through a racialized lens to eliminate discrimination
Canada Mortgage and Housing Corp. acknowledged a lack of diversity in its ranks and its role in past racism on Friday as it pledged to overhaul how it does business.

CMHC re-assessing policies through a racialized lens to eliminate discrimination

Canada rebuts UN Security Council critics as Champagne to NYC for final push

Canada rebuts UN Security Council critics as Champagne to NYC for final push
Foreign Affairs Minister Francois-Philippe Champagne is bound for New York City to join the final push for Canada's campaign for a seat on the United Nations Security Council.

Canada rebuts UN Security Council critics as Champagne to NYC for final push

Feds, farmers, remain far apart over impact of carbon tax on grain growers

Feds, farmers, remain far apart over impact of carbon tax on grain growers
The federal government says its analysis of the impact the carbon tax is having on grain farmers is based on numbers provided by the farmers themselves.

Feds, farmers, remain far apart over impact of carbon tax on grain growers

Sleeping in, showering less. BC Hydro says power use changes since pandemic

Sleeping in, showering less. BC Hydro says power use changes since pandemic
The latest report on electricity usage in British Columbia reveals the COVID-19 pandemic has created an atmosphere where every day feels like a Saturday. BC Hydro says overall power usage hasn't changed much but a survey of 500 people shows daily routines have shifted dramatically since mid-March when pandemic-related closures began.

Sleeping in, showering less. BC Hydro says power use changes since pandemic

Toys "R" Us wins case against B.C. cannabis dispensary with similar branding

Toys
A Vancouver cannabis dispensary is going to need a new name and logo after losing a legal battle with retailer Toys "R" Us (Canada) Ltd. A federal judge ruled Herbs "R" Us Wellness Society has used Toys R Us's registered trademark in a way that damages the goodwill attached to it.

Toys "R" Us wins case against B.C. cannabis dispensary with similar branding

Premier says defunding police 'simplistic' but B.C. will review Police Act

Premier says defunding police 'simplistic' but B.C. will review Police Act
British Columbia's premier says calls for defunding police are a simplistic approach to a complex problem. John Horgan says police are increasingly burdened with a range of challenges in areas including homelessness, mental health and addiction — which need more funding.

Premier says defunding police 'simplistic' but B.C. will review Police Act