Subhead:Viewers pointed out that the LCBO buys its booze on consignment, but is that really the case?#
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Earlier this month, we reported that Ontario Premier Doug Ford made good on his threat to yank all Yankee booze off the shelves of the more than 600 government-owned LCBO stores in the province.
As well, restaurants with liquor licences would no longer be permitted to order U.S. hootch either. This is especially sad: the hospitality sector was hammered during the COVID crisis; now these businesses are being further impeded by political machinations.
Alas, the province’s chief cherry cheesecake enthusiast stated he was “standing up for Ontarians” vis-à-vis the ongoing tariff tussle between the U.S. and Canada.
But as we reported earlier, we questioned the logic in removing an estimated $1 billion worth of stock that had already been bought and paid for. Isn’t that affecting the ever-beleaguered Ontario taxpayer more so than U.S. liquor producers?
Alas, in the comments section, a handful of viewers blasted Rebel News for not realizing that the LCBO buys U.S. booze on a consignment basis, meaning it was not bought and paid for. OK, we decided to fact-check the issue and set the record straight if need be.
So, we reached out to the LCBO. But apparently, this query was too hot to handle for the booze monopoly, and we were referred to the Ministry of Finance.
