As part of that acceleration, the province will have to pay The Beer Store up to $225 million. This financial move indicates the government's investment into expanding the alcohol market to increase competition and consumer choice, reflecting a shift in policy to modernize how alcohol sales operate in Ontario.
"A lot of people are excited. They're looking at this as a new chapter in the industry," said Terry Yaldo, chair of the Ontario Convenience Stores Association. This statement represents the enthusiasm among convenience store owners regarding the change, viewing it as an opportunity to enhance their business model and meet evolving consumer demands.
However, it's important to note that, despite the extended hours of some convenience stores, alcohol sales will still be restricted to the hours of 7 a.m. to 11 p.m. This stipulation aims to maintain a level of regulation over alcohol sales while allowing for greater accessibility in the province.
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