First Alberta, then Saskatchewan, but will Manitoba follow? Next year will be the final year for the Saskatchewan government retails alcohol—nearly 100 years after it began. This history demonstrates how long government keeps its hands on something once it starts, …
A Valuation of Prince Edward Island Liquor Control Commission
Prince Edward Island Liquor Control Commission (PEILCC) is the monopoly Crown corporation which controls and retails all beverage alcohol in Canada’s smallest province, Prince Edward Island. Using an intrinsic value method, and discounting to the present, PEILCC’s projected future free cash …
A Valuation of Manitoba Liquor & Lotteries
Using an intrinsic value method, and discounting to the present, ML&L’s projected future free cash flows, as the company is today, but taxed at statutory rates, the range of estimates is $12.13B to $84.91B, with a tighter range of a …
Blue Nose or Red Nose, the Profits Still Mightily Flow: A Valuation of Nova Scotia Liquor Control Commission
Nova Scotia Liquor Control Commission, or ‘NSLC’, is the monopoly Crown corporation which controls and retails all beverage alcohol in that province. Using an intrinsic value method, and discounting to the present, NSLC’s projected future free cash flows, as the …
A Valuation of New Brunswick Liquor Corporation
New Brunswick Liquor Corporation (NBL) is the monopoly Crown corporation which controls and retails all beverage alcohol in the province of New Brunswick. Using an intrinsic value method, and discounting to the present, NBL’s projected future free cash flows, as …
A Valuation of Newfoundland and Labrador Liquor Corporation
Newfoundland and Labrador Liquor Corporation, or NLC, is the monopoly Crown corporation which controls and retails all beverage alcohol in that province, aside from restaurants and bars, to which it wholesales. Using an intrinsic value method, and discounting to the …
Booze, Cannabis, and Beyond – A Valuation of BC Liquor Distribution Branch
Using an intrinsic value method, and discounting to the present, British Columbia Liquor Distribution Branch’s (BCLDB) projected future free cash flows, as the company is today, but taxed at statutory rates, the range of estimates is $12.13B to $84.91B, with …
Liquid and Rich, for Now – A Valuation of the Liquor Control Board of Ontario
Using an intrinsic value method, and discounting to the present, the Liquor Control Board of Ontario’s, ‘LCBO’s’ projected future free cash flows, as the company is today, but taxed at statutory rates, the range of estimates is $12.13B to $84.91B, …