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Doug Ford's new beer contracts reportedly cost Ontario more than $225 million

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Ontario Premier Doug Ford made a major announcement on May 24 about a drastic change in the city's alcohol policy. The 59-year-old Tory told reporters at an Etobicoke gas station convenience store that Ontario will soon have beer and wine in corner stores.

Ontario Premier On May 24, Doug Ford made a mega-announcement about a drastic change in the city's alcohol policy. The 59-year-old Tory told reporters at an Etobicoke gas station convenience store that Ontario will soon have beer and wine in corner stores.

Ford announced that convenience stores in Ontario that meet the eligibility criteria will be allowed to sell beer, wine, cider and other ready-to-drink beverages starting September 5, 2024. About a month later, on October 31, grocery stores and big-box stores will also have the same privilege.

Ford's decision comes against the backdrop of a massive $225 million payout to multinational beer maker The Beer Store – Canada's largest beer seller. The payout is part of an agreement to support a transition to a more open market for alcohol sales. The money will reportedly enable the company to make necessary investments over the next 19 months.