Official figures from the Ministry of Finance and the LCBO show a net revenue loss of $150-200 million per year due to Premier Ford's alcohol sales expansion, in addition to the cost of paying The Beer Store for early implementation.
The Ontario Liberal Party estimates the total costs of the alcohol sales expansion at $1 billion, including direct payouts to key stakeholders and foregone revenue for the LCBO.
Liberal Leader Bonnie Crombie referred to the costs as a 'billion-dollar booze boondoggle' during a news conference, highlighting the significant financial implications of Premier Ford's plans.
#alcohol-sales-expansion #ontario-government-spending #revenue-loss #cost-estimates #political-implications
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