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Restaurants, bars in B.C. can soon buy liquor at wholesale prices to help ease costs

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The Ministry of the Attorney General has approved liquor licensees in B.C. to purchase beer, wine, and spirits at reduced prices.

In an effort to help ease costs for the hospitality industry that has been hit hard by business closures and measures to reduce the risk of COVID-19 transmission, the province is introducing a wholesale pricing model for businesses like restaurants, bars and tourism operators with liquor licences.

See also: Restaurants and pubs in B.C. can now apply for more patio space until October

“The hospitality industry has been one of the hardest hit during the pandemic, badly hurting the more than 190,000 British Columbians who work within the sector,” said Attorney General David Eby in a statement.

“Offering a wholesale discount for licensees was something we were exploring before COVID-19, but after the onset of the pandemic we accelerated efforts in order to support these community businesses as they try to find their feet.”

At the moment, restaurants and bars pay full retail price for their liquor products, but this measure will allow them to pay wholesale prices.

The program will take effect from the end of July 2020 and remain in place until March 2021, which is when it will be reviewed.

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Brishti Basu
Former Senior Staff Writer and Content Manager at Victoria Buzz.

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