Nevertheless,
Withdrawal american alcohols starting cost:
The Société des alcools du Québec (SAQ) is undergoing financial backlash of the withdrawal of American wines. However, spirits from its tablets, imposed by the Legault government. Similarly, Already more than $ 500. Similarly, 000 has been spent by the Crown Business for the storage of bottles, reveals a request for access to the documents made by Radio-Canada.
Wine cleaning three, Whiskey Jack Daniel’s, Vodkas Smirnoff flavored, Rum Bacardi … Nevertheless, About a million American bottles take dust in the warehouses SAQ In Montreal and Quebec, since their withdrawal, March 4, 2025.
A reader of Radio- Canada.ca wrote to us in early July to find out what is going on with these bottles withdrawn in response. to the taxation of customs duties by withdrawal american alcohols starting cost US President Donald Trump.
Is the wine of the United States still stored?
asked for Sonia Bluteau. Has employees of the SAQ Or was it sold for them for cheap before it is no longer good? Have contracts been signed with American vineyards? Should we assume these contracts at a loss?
American alcohol represents almost 7 % of withdrawal american alcohols starting cost SAQ products.
Photo : Radio-Canada / Bianca Sickini-Joly
The wine was not given or sold. It is still stored and is not yet expired. There SAQ has also ceased to supply grocery stores, bars and restaurants with American products.
According to data obtained by Radio-Canada, the accounting value of the inventory of American products held is $ 27.2 million.
Additional direct costs associated with this operation are of the order of $ 500. 000, for the period from March 4 to June 21, 2025
writes the SAQ.
The Crown Company has declined our request for an interview. but writes to us that The amount mentioned withdrawal american alcohols starting cost mainly takes into account costs generated by the withdrawal maneuver (additional hours at the schedule provided for withdrawal, transport and delivery to the warehouse), as well as the funding cost of these stocks
.
Since the SAQ has already paid the inventory of American products. it must assume the cost of financing throughout the period when these stocks remain in warehouse.
The money immobilized in these stocks cannot be invested elsewhere during this time. for example, to buy products, generate financial returns, make investments or support our operations.
As for the contracts signed with American producers, They are managed in withdrawal american alcohols starting cost accordance with government requests
writes the SAQ. Promotions with these partners are therefore suspended. Their financial impact will also depend on future decisions.
We will have to wait a return to normal to calculate the real financial impacts
adds the spokesperson.
The LCBO also removed the American alcohols from the Ontario branches on March 4, 2025.
Photo : Radio-Canada / Evan Mitsui
Ontario. British Columbia, Manitoba, Nova Scotia as well as Newfoundland and Labrador also decided to withdraw American alcohols from their displays in March in response to the taxation of prices by the United States.
Alberta had removed them from the shelves, but reintegrated them in June.
In Quebec, the Legault government will have to decide whether the SAQ must reintegrate the bottles. No indication has been received in this sense
indicates the spokesperson for the state-owned company.
In the meantime, Quebec winegrowers largely benefit from the place left vacant.
Withdrawal american alcohols starting cost
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