Overview
- Ontario's 2025 budget allocates $175 million over five years to double the use of Ontario-grown grapes in blended wines, benefiting farmers and wineries.
- More than $250 million in tax cuts and fee reductions are being implemented over two years to support alcohol retailers and make products more affordable.
- The Liquor Control Board of Ontario has increased wholesale discounts for 23,000 small businesses from 10% to 15% until the end of 2025, saving businesses $56 million.
- The government has paid $130.5 million of a $225 million transition agreement with The Beer Store, with $94.5 million remaining to be paid by year-end.
- Revenues at the LCBO are projected to drop to $1.85 billion in 2025-26 due to shifting consumption patterns but are expected to rebound to $2.4 billion by 2027-28.