Latest news with #alcoholsales
National Post
3 days ago
- Business
- National Post
Why Quebec won't make a bilateral trade deal with Ontario
Article content An official in Ford's office, speaking on a not-for-attribution basis to discuss internal matters more freely, said they respect Quebec's wish to go solely the legislative route. Article content 'Certainly, we respect that process, and our door continues to remain open,' they said. Article content The official added each MOU does not need dedicated legislation to enact the terms set out between Ontario and each province or territory, but specific agreements could help with the free flow of direct alcohol sales to consumers, for instance. Article content Legault has a majority government in Quebec, which means that Bill 112 will almost certainly pass in the fall. But the bulk of the work on determining which goods should be excluded by regulation from internal trade will commence right after, said Skeete. Article content 'The clock starts when we pass the bill,' he said, adding that different departments inside the Quebec government will have about 12 months to get back to the government and give them a list of goods that they want to opt out of or want to exclude from internal trade. Article content 'In other words, if there's something that's being sold outside of Quebec that you absolutely want to have a different norm, you're going to have to tell us, and then we will publish that on our (ministry of the) Economy website for transparency.' Article content Many requirements that are considered not essential would be dropped once Bill 112 is in place. For instance, Transport Quebec currently has requirements that scooters should have reflectors be a specific colour, and be located both on the wheels and in the back. Article content 'That kind of thing creates a barrier. So, we can agree that the scooter needs to have certain safety measures … but certainly, the colour and the location of the reflectors is really not the dealbreaker. So, that's the kind of thing that would disappear,' said Skeete. Article content Some things, however, will not change under Bill 112. A senior government official in Quebec said French language laws will continue to apply for goods, and that professional orders in Quebec could require the mastery of French to practice in the province. Article content Article content Quebec also has more stringent consumer protection laws, which means that goods coming into the province are still subject to certain guarantees, warranties and other norms bound by Quebec's Office de la protection du consommateur, noted Skeete. Article content The example of the scooter made in another province would not be exempt from warranty obligations unique to Quebec nor would it be exempt from having instructions in French for how to handle the scooter if it were to be sold in the province, he said. Article content
CTV News
23-07-2025
- Business
- CTV News
LaSalle approves alcohol sales at Vipers games
LaSalle Town Council has officially approved alcohol sales at Vipers hockey games. The sales will be run in collaboration between the LaSalle Vipers and the G.O.A.T Tap and Eatery. Drinks will be sold near the concession stand, which has room for 40 people. While the pilot project takes place, alcohol will be sold 45 minutes before the start of the game, wrapping up when there are 10 minutes left in the third period. This approval now means that the Chatham Maroons will be the only team not selling alcohol at home games in the Junior 'A' hockey league.
National Post
22-07-2025
- Business
- National Post
Sales of U.S. spirits in Canada plunge 66%, industry groups say
The spirits industry says Canada's response to the U.S.-instigated trade war has led to sharply lower sales of booze from the U.S., as well as lower sales overall. Article content In a joint release, Spirits Canada and the Distilled Spirits Council of the United States says U.S. hard alcohol sales dropped 66 per cent in the March 5 to April 31 period compared with a year earlier. Article content Article content It says that sales of Canadian and imported spirits were also down, leading to a 12.8 per cent total decline in spirit sales for the nearly two-month stretch compared with last year. Article content The statistics come as several Canadian premiers stand firm on buy Canadian, and push back against comments made by U.S. ambassador to Canada Pete Hoekstra who told a conference Monday that U.S. President Donald Trump thinks Canada is 'nasty' to deal with, in part because of bans on American alcohol. Article content Article content B.C. Premier David Eby said Hoekstra's remarks show Canadians' efforts to stand up to Trump are 'having an impact,' and he encouraged people to 'keep it up.' Article content
CTV News
22-07-2025
- Business
- CTV News
Saskatchewan announces trade-related memorandums of understanding with Manitoba, PEI
Premier of Saskatchewan Scott Moe speaks to media following the First Minister's Meeting in Saskatoon, Sask., Monday, June 2, 2025. THE CANADIAN PRESS/Liam Richards Saskatchewan has now added two more provinces to its list of improved interprovincial trade partners, as leaders from across Canada continue to move toward more integration in the face of U.S. tariffs. Saskatchewan Premier Scott Moe signed Memorandums of Understanding (MOU) with his opposite numbers in Prince Edward Island and Manitoba on Monday. The agreements include a framework for direct-to-consumer alcohol sales between the provinces, in addition to measures aimed at boosting interprovincial labour mobility and investment while strengthening public safety and maintaining Crown corporations. A similar MOU was signed between Saskatchewan and Ontario prior to the first ministers meeting in Saskatoon in early June. The total value of interprovincial trade between Saskatchewan and PEI was $44.25 million in 2021 – while trade with Manitoba totalled $6 billion. The announcements come as provincial premiers gathered for three days of meetings in Muskoka, Ont. and just days after Moe called on all provincial leaders to join the New West Partnership. 'You see numerous memorandum of understandings being signed, various pieces of legislation building on, not only the Canadian Free Trade Agreement that we have and some of the exemptions that are being removed, but maybe a discussion today about moving forward with a little bit more expansive agreement,' Moe said told reporters, referring to his New West Partnership pitch. 'These are all steps. They're steps in the right direction. We need to have free and open trade between our provinces.'
Yahoo
17-07-2025
- Business
- Yahoo
Diageo CEO Debra Crew steps down, FT reports
Diageo (DEO) announced that chief executive Debra Crew has stepped down with immediate effect, Arash Massoudi, Madeleine Speed and Anjli Raval of Financial Times reported. This reportedly follows a period of declining alcohol sales and weakening investor sentiment that weighed heavily on the company's share price. Finance chief Nik Jhangiani will take over as interim CEO while the board begins a formal search for a permanent successor. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on DEO: Disclaimer & DisclosureReport an Issue Diageo price target lowered to 2,460 GBp from 2,490 GBp at Barclays Diageo's Attractive Valuation and Growth Prospects Justify Buy Rating Diageo price target lowered to 1,840 GBp from 1,855 GBp at Morgan Stanley U.S. expected to drop guidance on alcohol consumption, Reuters says Diageo Announces Voting Rights and Director Shareholdings in May 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
