Sign up for our newsletter and get a curated list of the top trending stories and exclusive rewards every day.

Trending Topics

Get the MTL Blog app

Download on the App StoreGet it on Google Play

Bad News: The SAQ Is Raising The Price Of Alcohol Again

Your 5 à 7 is about to get more expensive.
Bad News: The SAQ Is Raising The Price Of Alcohol Again

Summer is the season of 5 à 7 on patios, drinking beer in the park, and trying all of the different rosés on the market. By now, you've probably already found your summer drink of choice, whether it be a cheap white wine or a fun cocktail.

Unfortunately, your favourite beverage is about to get more expensive, because the SAQ has just increased the prices on more than 1,200 items, both in-store and online.

These changes, which were introduced yesterday, are the third such price hikes the SAQ has announced in the space of a year.

A spokesperson for the SAQ told the Journal de Quebec that the price increase is due in part to an increase in the federal excise tax and the re-negotiation of the whole price sale of many products.

The most affected products are the "luxury products" like expensive spirits. Hennessy X.O., for example, is now priced at 304,50$, a $7.05 increase.

READ ALSO: Ellen DeGeneres Shares Horrible Story Of Sexual Assault At The Hands Of Her Stepfather

But it's not just luxury goods that are becoming more expensive. Popular wines like the Barefoot Pinot Grigioor the Chardonnay Citra Terre di blanc are affected by the price hike, increasing by $0.20.

The average price increase is about $0.25.

This is the third price increase in the last year. The SAQ is allowed to increase its prices twice a year, in May and November. They have used the last three opportunities to increase prices.

The news comes amidst revelations that the SAQ has made 425.5 M$ in net profit in its third trimester.

The SAQ has announced a price increase for over 1,200 products just in time for the summer season. The average price hike is of about $0.25.

Read the original Narcity article here.

More from MTL Blog

Comments 💬

Our comment section is a place to promote self-expression, freedom of speech and positivity. We encourage discussion and debate, but our pages must remain a safe space where everyone feels comfortable and the environment is respectful.

In order to make this possible, we monitor comments to keep spam, hate speech, violence, and vulgarity off our pages. Comments are moderated according to our Community Guidelines.

Please note that Narcity Media does not endorse the opinions expressed in the comment section of an article. Narcity Media has the right to remove comments, ban or suspend any user without notice, or close a story’s comment section at any time.

First and last names will appear with each comment and the use of pseudonyms is prohibited. By commenting, you acknowledge that Narcity Media has the right to use & distribute your content across our properties.

Loading...