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LCBO / MODEL - ONTARIO
BY: PAUL YOUNG, CPA, CGA
MAY 25, 2018
PAUL YOUNG - BIO
• CPA, CGA
• Financial Solutions
• SME – Risk Management
• SME – Emerging Technology
• SME – Business Process Change
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com
OVERVIEW
• This presentation discusses LCBO and its contribution to finances of
Ontario
AGENDA
• 2016-2017 - Annual Report / LCBO
• Labor Contract / Smokey Thomas
• NDP / Horwath
NDP / LCBO MODEL
Source - http://torontosun.com/news/provincial/nothing-wrong-with-the-
An NDP government would not
commit to adding wine, beer or
alcoholic cider sales to even one
more grocery store in the
province, but wouldn’t take that
right away from those retailers
that already sell it.
“Decisions on whether or not to
expand the program to other
grocery stores will be made
based on evidence of the
program’s success, so far,” the
NDP said in a statement.
• The goal of government is to maximized
return on assets
• Horwath will support OPSEU as she relies on
union votes
• The franchise option is less costly as the
government would benefit additional
revenue from both franchise revenue as well
as sales of alcohol
• Many small locations already offer outlets as
those locations are two small to offer a
store.
• NDP is never about a business model that
makes sense unless union jobs are included
in the model
2016-2017 ANNUAL REPORT / LCBO
Source - http://www.lcbo.com/content/lcbo/en/corporate-
pages/about/annual-report.html
SMOKEY THOMAS / OPSEU
Source - https://opseu.org/news/thomas-lcbo-stop-dragging-things-out-pad-your-profits or
https://files.ontario.ca/en_publicaccounts_annualreport_cfs_2017-9.pdf
Warren (Smokey) Thomas,
President of the Ontario Public
Service Employees Union
(OPSEU), says the employer’s
actions are putting profit before
people and threatening the
safety of workers and the
public, “all in the name of
making a couple extra bucks.”
“There’s no need to drag this
out just to pad the LCBO’s
profits,” said Thomas. “With
the bargaining dates we’ve
added this week, and the five
days we have scheduled next
week, there’s just no need to
go down to the wire if this
employer wants to get a deal.

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Election - LCBO model - NDP - 20182505

  • 1. LCBO / MODEL - ONTARIO BY: PAUL YOUNG, CPA, CGA MAY 25, 2018
  • 2. PAUL YOUNG - BIO • CPA, CGA • Financial Solutions • SME – Risk Management • SME – Emerging Technology • SME – Business Process Change • SME – Close, Consolidate and Reporting • SME – Public Policy • SME – Financial Solutions • SME – Supply Chain Management Contact information: Paul_Young_CGA@Hotmail.com
  • 3. OVERVIEW • This presentation discusses LCBO and its contribution to finances of Ontario
  • 4. AGENDA • 2016-2017 - Annual Report / LCBO • Labor Contract / Smokey Thomas • NDP / Horwath
  • 5. NDP / LCBO MODEL Source - http://torontosun.com/news/provincial/nothing-wrong-with-the- An NDP government would not commit to adding wine, beer or alcoholic cider sales to even one more grocery store in the province, but wouldn’t take that right away from those retailers that already sell it. “Decisions on whether or not to expand the program to other grocery stores will be made based on evidence of the program’s success, so far,” the NDP said in a statement. • The goal of government is to maximized return on assets • Horwath will support OPSEU as she relies on union votes • The franchise option is less costly as the government would benefit additional revenue from both franchise revenue as well as sales of alcohol • Many small locations already offer outlets as those locations are two small to offer a store. • NDP is never about a business model that makes sense unless union jobs are included in the model
  • 6. 2016-2017 ANNUAL REPORT / LCBO Source - http://www.lcbo.com/content/lcbo/en/corporate- pages/about/annual-report.html
  • 7. SMOKEY THOMAS / OPSEU Source - https://opseu.org/news/thomas-lcbo-stop-dragging-things-out-pad-your-profits or https://files.ontario.ca/en_publicaccounts_annualreport_cfs_2017-9.pdf Warren (Smokey) Thomas, President of the Ontario Public Service Employees Union (OPSEU), says the employer’s actions are putting profit before people and threatening the safety of workers and the public, “all in the name of making a couple extra bucks.” “There’s no need to drag this out just to pad the LCBO’s profits,” said Thomas. “With the bargaining dates we’ve added this week, and the five days we have scheduled next week, there’s just no need to go down to the wire if this employer wants to get a deal.