Ford Announces Buck-a-Beer Plan

Ford Announces Buck-a-Beer Plan

Doug Ford promised 'Buck-a-Beer, ' and now that he's premier he's delivering on that promise quite quickly.

Sources with direct knowledge of the plan say that other enticements may include limited product discounts and in-flyer LCBO promotions for companies that lower beer prices to $1 in time for Labour Day.

To provide incentives for brewers to lower their prices, the government is creating what it calls the buck-a-beer challenge, which will provide participating breweries with incentives at the provincially-owned LCBO stores. "This was a promise made during the election campaign", added the source.

The move will have no effect on the province's $589-million in revenue from beer and alcohol taxes, Finance Minister Vic Fedeli said.

Beers being sold for $1 will still be subject to a 5-cent deposit and tax.

Beer fans across Ontario can officially start counting down the days until the return of "Buck-a-Beer", the popular $1-per-beer price floor that delighted people across Ontario until it was cancelled when the previous government abruptly introduced new beer price regulations.

More news: 'Bachelorette' victor Garrett Yrigoyen addresses Instagram scandal following Becca Kufrin engagement
More news: Massive rogue planet crowned with a glowing aurora found wandering the galaxy
More news: Arsenal loses Kolasinac to knee injury

"We're bringing back a buck-a-beer to Ontario". In a statement, Mothers Against Drunk Driving said lowering the price of beer carries a risk to public safety, and can lead to an increase in alcohol-related problems including impaired driving.

The minimum retail price for beer was $1.00 in Ontario from 2005 to 2008.

The Premier of Ontario has announced his plan to make beer cheaper. "Does he think reducing the beer price floor from $1.25 to $1 will solve real problems?"

The Liberals raised the minimum price after being lobbied by major breweries, documents have shown.

The Toronto-based Great Lakes Brewery tweeted its decision over the weekend after several media outlets, including The Canadian Press, reported that the plan would be announced Tuesday.

Related Articles

  • Elon Musk tweets he may take Tesla private

    Tesla stock was halted for more than an hour and a half and resumed trading up 11 percent to $380.60 as of 3:49 p.m.in NY . They were initially driven higher after the Financial Times reported Saudi Arabia has quietly built a big stake in Tesla.
    'Kill me,' Florida high school shooting suspect Nikolas Cruz said after rampage

    'Kill me,' Florida high school shooting suspect Nikolas Cruz said after rampage

    On the transcript, which is 217 pages long, Cruz said in the interview that he was hearing voices. You deserve to die because you're f***ing worthless and you f***ing (unintelligible) everyone.
    Glendale man charged with vandalizing Trump star on Hollywood Walk of Fame

    Glendale man charged with vandalizing Trump star on Hollywood Walk of Fame

    Trump received the star in 2007 for his work producing the Miss America Pageant and before he starred in TV's "The Apprentice". The star was previously vandalized by James Otis with a sledgehammer and pickax days before the November 2016 election.
  • Kovacic ditches Real Madrid

    Kovacic ditches Real Madrid

    Pjanic is the man Madrid believe can replace Modric but Juventus will be unwilling to sell for any less than £90million. And Lopetegui doesn't expect Modric to leave.
    IPhone Supplier TSMC Shut Down Several Factories After Computer Virus Hits Systems

    IPhone Supplier TSMC Shut Down Several Factories After Computer Virus Hits Systems

    The trillion dollar company is busy readying its next iPhones and component delays and shortages can have large knock-on effects. Apple, as well as other TSMC customers have yet to officially address the incident and how it affects their roadmap, if at all.
    'Shut Up and Dribble' Showtime Docuseries Coming With LeBron

    'Shut Up and Dribble' Showtime Docuseries Coming With LeBron

    James on Twitter following a re-airing of his interview with CNN anchor Don Lemon , in which he accused the president of dividing the country.
  • Manchester United turn to £50m Jérôme Boateng in search for defender

    Manchester United turn to £50m Jérôme Boateng in search for defender

    Bayern Munich stars Franck Ribery and David Alaba have urged Jerome Boateng to reject the advances of Manchester United . But we want to know what United line-up you would select for their opener against Leicester City at Old Trafford.
    Johnny Depp's City Of Lies movie release date pulled

    Johnny Depp's City Of Lies movie release date pulled

    Depp has also faced continued blowback over allegations that he had physically assaulted his ex-wife Amber Heard in 2014. According to Deadline, Depp's movie was set to release on September 7, but that will no longer be the case.
    Verizon's Samsung Galaxy Note 9 BOGO deal leaks out

    Verizon's Samsung Galaxy Note 9 BOGO deal leaks out

    The offer is valid for a new line activation and only if you finance your brand-new device for a period of 24 months. Now, a leaked APK file indicates that there might be even more to the story, as discovered by XDA-developers.
  • Multiple people hospitalized after softball-sized hail hits Colorado Springs, Colorado

    Large-sized hail killed several zoo animals in Colorado on August 6 while also injuring 14 people, according to officials. The Colorado Springs Gazette reports the short but intense storm passed over Cheyenne Mountain Zoo on Monday afternoon.
    14000 firefighters battling 18 major California blazes

    14000 firefighters battling 18 major California blazes

    According to CBS News , there are now at least 18 major wildfires throughout the state of California that have killed nine people. Several fire experts, however, said the comments don't address the main factor in fire severity: human-caused climate change.
    Canada can easily replace Saudi Arabian crude oil, economist says

    Canada can easily replace Saudi Arabian crude oil, economist says

    Saudi Arabia's state airline is suspending flights to and from Toronto from next week amid an escalating row over human rights. Canadian authorities said they are " seriously concerned " about Saudi Arabia's freeze of new trade between the countries.