nThe Société des alcools du Québec (SAQ) has announced “unusual price variations” which will impact various products on February 16, by resulting in an increase in many bottles.”The SAQ makes this proclamation now to offer predictability to its customers,” read a statement company published on Tuesday. as of February 16,the majority of the products sold to the SAQ will be affixed an increase which may slightly jump the prices while it will stop directly with the end of the temporary leave of the TPS. This increase would in particular be caused by an increase in the increase, that is to say the profit margin applied by the Crown corporation to cover its operating costs and identify a “net profit given to the government of Quebec”, she said. It is also explained by the variation in maritime and terrestrial transport costs, linked in particular to the strike at the port of Montreal, and the increase in costs paid to Eco Entreprises Québec for the old regime of selective collection, which obliges the saq to assume the equivalent of two-year costs in one, can be read. Concretely, this increase will result in an increase of $ 0.50 on a bottle of $ 15 from France, and $ 2, on a bottle of spirits of $ 45 from the same country. Than,as early as March 1,the products recorded,those bought by the SAQ in US dollars and certain producers or Quebec traffic jams should undergo a second “price adjustment”,the height of which has not yet been specified. These changes will be due to the modernization of selective collection respectively for the products recorded, assumed by Quebec producers, which could lead to a revisit of prices, as well as to the variation in the American exchange rate. The final prices for these two adjustments will be announced on February 10 and 24 on the SAQ website.
The Société des alcools du Québec (SAQ) has announced “unusual price variations” which will impact various products on February 16, by resulting in an increase in many bottles. ”The SAQ makes this announcement now in order to offer predictability to its customers,” read a statement company published on Tuesday. As of February 16, the majority of the products sold to the SAQ will be affixed an increase which may slightly jump the prices while it will stop directly with the end of the temporary leave of the TPS. This increase would in particular be caused by an increase in the increase, that is to say the profit margin applied by the Crown corporation to cover its operating costs and identify a “net profit given to the government of Quebec”, she said. It is also explained by the variation in maritime and terrestrial transport costs, linked in particular to the strike at the port of Montreal, and the increase in costs paid to Eco Entreprises Québec for the old regime of selective collection, which obliges the Saq to assume the equivalent of two-year costs in one, can be read. Concretely, this increase will result in an increase of $ 0.50 on a bottle of $ 15 from France, and $ 2, on a bottle of spirits of $ 45 from the same country.Then, as early as March 1, the products recorded, those bought by the SAQ in US dollars and certain producers or Quebec traffic jams should undergo a second “price adjustment”, the height of which has not yet been specified. These changes will be due to the modernization of selective collection respectively for the products recorded, assumed by Quebec producers, which could lead to a revisit of prices, as well as to the variation in the American exchange rate. The final prices for these two adjustments will be announced on February 10 and 24 on the SAQ website.
The Société des alcools du Québec (SAQ) has announced “unusual price variations” which will impact various products on February 16, by resulting in an increase in many bottles. “The SAQ makes this announcement now in order to offer predictability to its customers,” read a statement company published on Tuesday. As of February 16, the majority of the products sold to the SAQ will be affixed an increase which may slightly jump the prices while it will stop directly with the end of the temporary leave of the TPS. This increase would in particular be caused by an increase in the increase, that is to say the profit margin applied by the Crown corporation to cover its operating costs and identify a “net profit given to the government of Quebec”, she said. It is also explained by the variation in maritime and terrestrial transport costs, linked in particular to the strike at the port of Montreal, and the increase in costs paid to Eco Entreprises Québec for the old regime of selective collection, which obliges the Saq to assume the equivalent of two-year costs in one, can be read. Concretely, this increase will result in an increase of $ 0.50 on a bottle of $ 15 from France, and $ 2, on a bottle of spirits of $ 45 from the same country. Then, as early as March 1, the products recorded, those bought by the SAQ in US dollars and certain producers or Quebec traffic jams should undergo a second “price adjustment”, the height of which has not yet been specified. These changes will be due to the modernization of selective collection respectively for the products recorded, assumed by Quebec producers, which could lead to a revisit of prices, as well to the variation in the American exchange rate. The final prices for these two adjustments will be announced on February 10 and 24 on the SAQ website.
The Société des alcools du Québec (SAQ) has announced “unusual price variations” which will impact various products on February 16, by resulting in an increase in many bottles. “The SAQ makes this announcement now in order to offer predictability to its customers,” read a statement company published on Tuesday. As of February 16, the majority of the products sold to the SAQ will be affixed an increase which may slightly jump the prices while it will stop directly with the end of the temporary leave of the TPS. This increase would in particular be caused by an increase in the increase, that is to say the profit margin applied by the Crown corporation to cover its operating costs and identify a “net profit given to the government of Quebec”, she said. It is also explained by the variation in maritime and terrestrial transport costs, linked in particular to the strike at the port of Montreal, and the increase in costs paid to Eco Entreprises Québec for the old regime of selective collection, which obliges the Saq to assume the equivalent of two-year costs in one, can be read. Concretely, this increase will result in an increase of $ 0.50 on a bottle of $ 15 from France, and $ 2, on a bottle of spirits of $ 45 from the same country. Then, as early as March 1, the products recorded, those bought by the SAQ in US dollars and certain producers or quebec traffic jams should undergo a second “price adjustment”, the height of which has not yet been specified. These changes will be due to the modernization of selective collection respectively for the products recorded, assumed by Quebec producers, which could lead to a revisit of prices, as well to the variation in the American exchange rate. The final prices for these two adjustments will be announced on February 10 and 24 on the SAQ website.The Société des alcools du Québec (SAQ) has announced “unusual price variations” which will impact various products on February 16, by resulting in an increase in many bottles. “The SAQ makes this announcement now in order to offer predictability to its customers,” read a statement company published on Tuesday. As of February 16, the majority of the products sold to the SAQ will be affixed an increase which may slightly jump the prices while it will stop directly with the end of the temporary leave of the TPS. This increase would in particular be caused by an increase in the increase, that is to say the profit margin applied by the Crown corporation to cover its operating costs and identify a “net profit given to the government of Quebec”, she said. It is also explained by the variation in maritime and terrestrial transport costs, linked in particular to the strike at the port of Montreal, and the increase in costs paid to Eco entreprises Québec for the old regime of selective collection, which obliges the Saq to assume the equivalent of two-year costs in one, can be read. concretely, this increase will result in an increase of $ 0.50 on a bottle of $ 15 from France, and $ 2, on a bottle of spirits of $ 45 from the same country. Then, as early as March 1, the products recorded, those bought by the SAQ in US dollars and certain producers or Quebec traffic jams should undergo a second “price adjustment”, the height of which has not yet been specified. These changes will be due to the modernization of selective collection respectively for the products recorded, assumed by Quebec producers, which could lead to a revisit of prices, as well to the variation in the American exchange rate. The final prices for these two adjustments will be announced on February 10 and 24 on the SAQ website.
The Société des alcools du Québec (SAQ) has announced “unusual price variations” which will impact various products on February 16, by resulting in an increase in many bottles. “The SAQ makes this announcement now in order to offer predictability to its customers,” read a statement company published on Tuesday. As of February 16, the majority of the products sold to the SAQ will be affixed an increase which may slightly jump the prices while it will stop directly with the end of the temporary leave of the TPS. This increase would in particular be caused by an increase in the increase, that is to say the profit margin applied by
Understanding SAQ’s Unusual Price Adjustments: A Detailed Q&A
Editor: The Société des alcools du Québec (SAQ) has announced “unusual price variations” effective February 16. Can you explain what’s driving these changes?
Guest: Certainly. The primary factors are a combination of increased operating costs, such as higher maritime and terrestrial transport fees due to the Montreal port strike, and adjustments to the profit margin applied by the SAQ to ensure a “net profit given to the government of Quebec.” Additionally, the SAQ is absorbing costs related to the old regime of selective collection, which essentially means covering two years’ worth of expenses in one.
Editor: How will these adjustments impact consumers?
Guest: Consumers will see noticeable increases in product prices. Such as, a $15 bottle of wine from France will rise by $0.50, while a $45 bottle of spirits from the same region will increase by $2.These changes are designed to reflect the SAQ’s increased costs and ensure sustainability.
Editor: Are there more adjustments expected after february 16?
Guest: Yes, starting March 1, there will be a second “price adjustment” for certain products. This includes items purchased by the SAQ in US dollars, as well as some Quebec-produced goods. These changes are tied to the modernization of selective collection and fluctuations in the American exchange rate. The exact amounts for this adjustment will be announced on February 10 and 24 on the SAQ’s website.
Editor: Why is the SAQ making these adjustments now?
Guest: The SAQ is aiming for transparency and predictability. By announcing these changes well in advance, they’re giving customers time to prepare and understand the reasons behind the price increases. This approach aligns with their commitment to maintaining trust and clarity with their clientele.
Editor: What’s next for the SAQ in terms of pricing strategies?
Guest: The SAQ will continue to monitor costs, including those related to transport and exchange rates, and adjust prices accordingly. They’re also focused on supporting Quebec producers and ensuring that the modernization of selective collection doesn’t disproportionately impact consumers.
Conclusion
The SAQ’s upcoming price adjustments are driven by a mix of operational challenges, including transport disruptions and increased costs for selective collection. While these changes will result in higher prices for some products, the SAQ is committed to transparency and predictability. Consumers can expect further adjustments in March, with final details to be announced later this month.