Albertans who imbibe will be doing their part to chip away at the province’s $5-billion deficit left by falling oil prices.
One of the most high-profile features of the new provincial budget are higher markups on booze. It’s the first time since 2002 that the markups — the province’s share of liquor revenue — have been raised.
Bill Robinson, president and CEO of the Alberta Gaming and Liquor Commission, offers more details on the price hikes in this edited Q & A:
Q: When does the increase take effect?
A: The new markup rates are effective as of today, March 27, the first business day after the increase was announced. This means that wholesale prices now reflect the new rates….
BY BILL MAH – EDMONTON JOURNAL MARCH 27, 2015
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