As you may be aware, there was a two per cent increase in the federal excise duty on alcohol products as outlined in the new federal budget.
Please note: Wholesale prices will be updated on April 1, 2017 to reflect the 2 per cent increase in federal excise duty.
The LDB will be reopening and extending the price change deadline for Period 2 until end-of-day on March 31, 2017.
On March 28, 2017, the wholesale price list reflecting the increase will be available for vendors to view on the vendor website. The pricing calculators on the vendor website will be updated and available for use on that date. This will allow vendors with additional time to react to any wholesale price changes for Period 2, effective April 30, 2017.
On April 8, 2017, the new wholesale prices will be available to vendors and wholesale customers.
HOSPITALITY CUSTOMER UPDATE:
On April 20, 2017, the retail price list for Period 2 will be released. This date has been postponed (from April 12, 2017) to allow time for vendors to react to the excise duty increase. The retail price list for Period 2 will still come into effect on April 30, 2017.
Vendors, Wholesale Customers and Hospitality Customers will receive formal notification of this change next week.