New Brunswick could sell off public liquor stores
Cost-cutting changes coming in the spring, maybe some surprises too.
by Alan Cochrane, Times & Transcript staff
Moncton, NB (January 6, 2011): New Brunswick Liquor is under orders to cut costs by two percent as the new Conservative government attempts to bring New Brunswick's $820 million deficit under control, but there have been suggestions that selling off or privatizing the corporation might better achieve this goal. NB Liquor is already a hybrid public-private system.
Other suggestions include merging NB Liquor with other corporations in Nova Scotia and Prince Edward Island to reduce costs and give the larger organization more buying power, and shortening store hours since salaries and benefits are the biggest costs. Strategically placing liquor stores next to grocery stores may also boost sales, and so NB Liquor is considering the option of letting these outlets sell alcohol.
"Officials at New Brunswick Liquor are looking at many ways to make the Crown Corporation more efficient — from regional co-operation to privatization — but President Daniel Allain says the options will be weighed carefully before any long-term decisions are made..."
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Posted: January 15, 2011
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