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The Société des alcools du Québec will improve its costs in Could as a part of a call to hike its markup ranges.
Wines priced at $15 a bottle or much less can be excluded from the rise.
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SAQ president Jacques Farcy, accompanied by director of finance Édith Filion, introduced the will increase on Monday.
The markup represents the gross revenue made by the SAQ on a bottle after it has paid the provider, Filion stated.
Farcy stated the “reasonable adjustment” of markup was vital due to a rise within the SAQ’s working prices, including that since 2017, the SAQ had adjusted its markup downward.
“For a $25 bottle of wine, the adjustment of markup will signify a rise of 0.6 per cent and the rise is identical for a $45 bottle of spirits,” Farcy stated.
The SAQ will even provide extra flexibility to suppliers on after they can request a worth improve. They won’t be able to use greater than twice a 12 months.
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