Small grocers may be priced out of beer sales in Toronto
By Christmas, 60 grocery stores in Ontario, including 25 in the GTA, will start stocking six-packs of beer. However, according to a Toronto Star report, some independent and small grocers are now concerned about how much it'll cost to actually get beer on their shelves.
Eventually, 450 supermarkets in Ontario will carry beer. However, only 60 will get licences allowing them to do so in time for the holiday season. It'll be a competitive bidding process, but the province has already reserved 12 spots for indie stores.
While this might sound promising for these smaller businesses, all stores (from Loblaws to a mom and pop shop) must pay the same yearly fee of $7,000, which would go towards regulating this new program. On top of that, they'd need to maintain a $150,000 letter of credit to purchase beer from the LCBO.
Now, even if small grocers end up getting a licence, some are wondering whether it'll actually be worth it to sell beer.
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