Belgian wrote:By this I mean, what (if anything) do we know of their stated or actual mission?
As a crown corporation, do they have an abiding interest in the culture of what they sell, and do they also have a strong commitment to what we as Ontarians want? What have we the right to expect of it?
In short, what motivates this (extremely profitable) corporation to purchase, distribute and market the beers it sells, and it's general activity?
I don't think Josh was implying that the LCBO was selling products at a loss. Any reasonable interpretation of 'profitable' includes admin costs, warehousing, salaries, etc. - i.e.: net profit.
The point is that the 'profits' the LCBO reports to the government (and the public) include the sales/sin taxes - take those off the books (as they should be) and the picture is less rosy.
-Josh (the other Josh)
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