The SAQ, Quebec's liquor board, revealed this week that prices will increase in May. However, wines priced at $15 and below will not be impacted by this change.
But don't worry just yet! According to SAQ president and CEO Jacques Farcy, the increase will be pretty minimal - for example, a $25 wine bottle and a $45 spirit will only be seeing a rise of 0.6 percent.
Farcy explained that the rise in the price is important with the increase in the SAQ’s operating costs which he claims hadn’t been adjusted since 2017.
In addition to the price adjustment, the SAQ will provide suppliers with increased flexibility when requesting a price increase, limited to a maximum of two times per year.
