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Ontario to allow beer sales in 450 grocery stores, sell 60% of Hydro One

2015-04-16 19:15:30| Energy - Topix.net

Ontario's Liberal government plans to hike the tax on beer and sell a majority stake in Hydro One, a huge transmission utility, to raise about $4 billion to fund infrastructure projects. The government's revised agreement with the foreign-owned Beer Store shows it will raise $100 million a year "by applying a volumetric tax or markup" on all beer sold in Ontario.

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