Last week, the Ontario government released the 2025 Ontario Budget.
LCBO is working with the government on implementing these policy changes, including reductions to the basic markup on select beverage alcohol product, and changes to the wholesale discount for eligible customers.
LCBO will work with the government on the timing related to the necessary steps to implement key changes to the basic markup, effective August 1, 2025.
Retail pricing and requotes
Alcohol suppliers set their own pricing (subject to minimum retail prices) and have the option to adjust their retail pricing up or down throughout the year in response to currency fluctuations, federal taxes or freight rate changes, or price changes by their competitors.
The upcoming dates for pricing requotes are May 26, June 23 and July 21. Quotes must be sent via e-mail to pricing@lcbo.com using the Quote Submission Form. The full schedule and submission form can be found here.