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Canadian (Ontario) Liquor Market hits record high

 
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Quaich1
Master Of Malts
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Joined: 21 Apr 2012
Posts: 5749
Location: Ontario, Canada

PostPosted: Wed May 16, 2012 9:46 pm    Post subject: Canadian (Ontario) Liquor Market hits record high Reply with quote

Just read an article indicating that the Liquor Control Board of Ontario which sells Single Malt Scotch here and other alcoholic beverages posted record sales of 4.7 billion dollars.....Wow! The article link is posted below.
http://goo.gl/yhbOM
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Samson
Master Of Malts
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Joined: 24 Nov 2007
Posts: 1731
Location: Canada

PostPosted: Thu May 17, 2012 1:20 am    Post subject: Reply with quote

Interesting that they say "Net sales growth resulted from consumers trading up to premium products" another indication of the surge in popularity of premium drinks such as single malt whiskies
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Big Mac
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Joined: 02 Nov 2006
Posts: 2216
Location: USA - Formerly Scotland

PostPosted: Thu May 17, 2012 2:06 am    Post subject: Reply with quote

I have always liked the Canadian system of government run stores where the profits can go back into the country, and that is a whole lot of profit. Got to wonder though, with no competition on pricing is there maybe too much profit being made.
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Crane
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Joined: 26 Jun 2008
Posts: 1354
Location: UK

PostPosted: Thu May 17, 2012 12:06 pm    Post subject: Reply with quote

I believe the sales and prices of premium spirits such as single malt whisky and craft beers are rising in most markets even given the economic climate. The popularity of whisky has had its ups and downs over the years but i dont think there has ever been a time with such an increase in the premium single malt whiskies.
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