Wednesday, October 05, 2005

Alberta earns more from privatized liquor sales

The government of Alberta, which privatized its retail outlets a decage ago, profits more from provincial liquor sales than Ontario or Quebec, a new study has found.

Valentin Petkantchin, the research director, found Alberta, which still controls the importing and wholesaling of liquor, collected a dividend of $24.27 for every litre of pure alcohol sold, compared to $23.42 per litre in Ontario and $23.43 in Quebec.

This translated into millions of dollars in profits for the province, he said.

''I think there is no reason not to privatize,'' Mr. Petkantchin said.

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