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Beer Store Scam

Discuss beer or anything else that comes to mind in here.

Moderators: Craig, Cass

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Rob Creighton
Bar Fly
Posts: 851
Joined: Mon Jul 28, 2003 8:00 pm
Location: Dundas, ON

Post by Rob Creighton »

Financial wizard I'm not but read the story in yesterday's Globe & Mail
http://www.globeandmail.com/servlet/Art ... query=beer
and tell me that this could not possibly happen.
A non-profit corporation that was established to control the distribution of beer throughout the province can all of a sudden be turned into a cash cow for the big 3? Is this possible??
Perhaps Ken Woods can reach into his previous life and offer some speculative enlightenment as to the possibilities here. My revolutionary nature says that if they can create this income trust, then the game is over and the general public should be able to open alternatives that could compete and generate profits. It's all or nothing in my mind and if they can do it, then so can we.

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