Build hospitals and transit with public dollars - not liquor stores - says
Mac's Convenience Stores Inc.
TORONTO, Sept. 20, 2013 /CNW/ - The Province of Ontario should be allocating
public dollars to build hospitals and transit - not liquor stores - says a
senior executive with Mac's Convenience Stores Inc.
"It's crazy that the provincial government is spending millions of hard-earned
tax dollars to build more LCBO stores when our most pressing societal needs
are for hospitals and transit," said Tom Moher, the company's Vice-President
of Operations for Central Canada. "We in the private sector are quite capable
of building facilities for the sale of beer, wine and spirits. The taxpayer
shouldn't have to invest in LCBO bricks and mortar."
Moher was commenting on the LCBO's plans to build 34 new stores and 10
"express" stores - in addition to the 638 stores it currently has.
Mac's and the Ontario Convenience Stores Association (OCSA) have been calling
on the provincial government to permit the sale of alcohol in the province's
convenience stores. A survey by the OCSA found that 67 per cent of Ontarians
want to be able to purchase beer, wine and spirits at their local C-store.
In a speech to the Toronto Region Board of Trade on September 9, Moher pledged
that within two years of being granted the right to sell alcohol at its 547
Ontario locations, Mac's will build 27 new, ultra-modern, $2-million stores
across the province.
The new stores represent "$54-million of new, private investment in Ontario,"
Moher told his audience, "and that doesn't begin to include the millions of
dollars Mac's will spend retrofitting our current stores for the sale of
The new stores will create up to 170 new, full-time jobs, in addition to the
1,600 new, full-time positions that will be created at existing Mac's stores
once the right to sell alcohol is received.
The Mac's stores to be built under an expanded alcohol retailing system would
be similar to the company's gleaming retail facility in Thamesford, one of two
Mac's "agency" stores in the province permitted to sell alcohol. The
Thamesford store opened in December, 2012 at a cost of $3-million. (The other
Mac's agency store is located in Craigleith.)
"Ontario consumers are telling the provincial government that it's time to
modernize an antiquated, unfair alcohol retailing system," said Moher, who
referred to the LCBO and The Beer Store as "a not-so-dynamic duo" that works
against the interests of Ontario consumers in choice, convenience and
An economic study last month found that artificially high retail prices permit
The Beer Store to capture as much as $700-million in incremental profits, due
to its monopoly on beer retailing in Ontario.
"The Beer Store," said Moher, "in case anyone doesn't know, is owned by
Anheuser-Busch InBev of Belgium, Molson Coors Brewing Company of the US, and
Sapporo of Japan."
About Mac's Convenience Stores Inc.
Mac's Convenience Stores Inc. is part of Alimentation Couche-Tard Inc., the
leader in the Canadian convenience store industry. Couche-Tard operates a
network of more than 10,000 convenience stores, globally and in all 10
Canadian provinces. It has 1,941 stores in Canada. Couche-Tard is a
publicly-traded Canadian company with annual revenues of $37-billion in annual
revenues. Shares are listed on the Toronto Stock Exchange (TSX: ATD.A and
SOURCE Mac's Convenience Stores
Laura Fracassi Sussex Strategy Group email@example.com 647.984.6136
To view this news release in HTML formatting, please use the following URL:
CO: Mac's Convenience Stores
-0- Sep/20/2013 11:00 GMT
Press spacebar to pause and continue. Press esc to stop.