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Case #1: Canadian Briefing Note (LCBO)
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Case #1: Canadian Briefing Note (LCBO) P700 Business, Government and the Global Environment October 22, 2004 (Total words: 1233) TABLE OF CONTENTS 1. Introduction .............................................................................1 2. Importance of the Issue .............................................................. 1 2.1. Revenue ........................................................................... 2 2.2. Pricing and Marketing .......................................................... 2 2.3. Employment ...................................................................... 2 2.4. Society Influence ................................................................. 3 3. Analysis of Privatization ............................................................. 3 3.1. Government ....................................................................... 3 3.2. Business ........................................................................... 3 3.3. Public ............................................................................... 4 4. Recommendation and Conclusion ................................................... 4 Endnotes ..................................................................................... 6 Bibliography .......................................................................................................7 1. Introduction The Liquor Control Board of Ontario (LCBO) is a Crown Corporation established in 1927. It operates nearly 600 stores across the province and has a monopoly on the sale of spirits in Ontario.1 LCBO generated nearly $2.9 billion annually for the people of Ontario - including $2 billion in taxes and another $900 million in profits each year, making it the second largest government liquor distributor in the world.2 The former Tories planed to sell the board's revenue stream...
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