Valentine's Day Raffle
March 5, 2018 - This morning, we were proud to bring a donation to Fredericton Community Kitchen, on behalf of our members. One hundred percent of the proceeds from our Valentine's Day raffle, in addition to donations from management and staff tips, were given to this amazing cause.
This donation will supply four hundred meals for hungry people in our community.
We thank our members for their generosity, and our staff for asking EVERYONE to buy a ticket! We are so proud. Thank you.
Posted: 2018-03-05 12:58 PM EST
A Valuation & Analysis of Atlantic Canadian Liquor Monopolies
By Alex Whalen and Ian Madsen
In 2012, Gérard Comeau was arrested for bringing cheaper beer from Quebec back into his home province of New Brunswick. The Comeau case has resonated with Canadians, and a recent AIMS survey shows that a majority of Canadians think that it should be legal to bring alcohol across interprovincial borders. The Supreme Court of Canada has now heard the case, and the verdict should be out in 2018.
In the meantime, Canadians want to know why interprovincial transportation bans are in place, why prices for alcohol products vary so much in different provinces, and why liquor is so expensive.
This study answers all of these questions by explaining just how lucrative provincial liquor monopolies are. It begins by presenting a financial valuation of each of the four Atlantic Canadian provincial monopolies. It examines the existing systems in some detail, and presents policy options for change.
We hope our analysis and recommendations will provoke and inform meaningful discussion in Atlantic Canada, where consumers pay above-market prices every day for alcohol from Crown corporation providers who control most aspects of distribution and sale.
Although the status quo could be maintained, the authors are confident that our freemarket analysis provides a range of alternatives that are less costly to consumers and which provide more opportunities for small businesses. There are alternative models of liquor wholesaling, distribution, and retailing that would serve consumers better. Alberta is an excellent model in this regard, as it allowed free-market involvement in the retail (but not wholesale) portion of its monopoly.
We conclude by recommending a similar approach in Atlantic Canada, beginning with divestment of retail operations.
Posted: 2018-01-22 2:29 PM EST