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The Conversation
The Conversation
Michael J. Armstrong, Professor of Operations Research, Brock University

Ontario’s alcohol overhaul is costing taxpayers more than expected. The LCBO’s finances explain why

Ontario Alcohol Doug Ford United States

The Liquor Control Board of Ontario (LCBO) generated $1.8 billion for the province in 2025-26, down $358 million from 2024-25 and $757 million from 2023-24.

The decline follows the Ontario government’s 2023 decision to expand alcohol sales to grocery stores, convenience stores and other retailers. The LCBO also incurred an estimated $33.4 million in costs associated with holding unsold American alcohol.

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