Beer in Ontario convenience stores

The Ontario budget was well received yesterday and very well presented by the Hon. Vic Fideli, Minister of Finance. Some highlights for the convenience store sector are as follows:

A firm announcement and commitment to roll beer and wine into corner stores was the highlight for the OCSA.

In addition, the government announced:

– Reaffirming its commitment to cutting the small business tax rate.

– Reduction in WSIB premiums;

– Accelerating the 25% red tape reduction to 2020;

– Holding the minimum wage to $14/hour and tying future increases to inflation

The tobacco taxes did not increase in this budget and there were no new taxes at all in this budget.