Canada Provinces Remove US Alcohol From Government-Run Liquor Outlets -- Market Talk

Dow Jones

Mar 05, 2025

1420 ET - Canada's biggest provinces are pulling US alcohol from their government-run liquor retail outlets in response to President Trump's hefty tariffs on Canadian imports. The moves by political leaders in Ontario, Quebec and British Columbia--accounting for about 75% of the country's population--mark a worst-case scenario for US spirits producers and vintners. Ontario, Canada's most populous province, sells roughly C$1 billion a year of US alcohol through its government-run retail and wholesale outlets. Canadian officials have also targeted bourbon from Kentucky for tariffs. Constellation Brands' share price is down about 1.9% in New York, while stock in Canada-based Corby Distillers is about 1.3% higher in Toronto. (Paul.Vieira@wsj.com, @paulvieira)

(END) Dow Jones Newswires

March 04, 2025 14:20 ET (19:20 GMT)

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The moves by political leaders in Ontario, Quebec and British Columbia--accounting for about 75% of the country's population--mark a worst-case scenario for US spirits producers and vintners. Ontario, Canada's most populous province, sells roughly C$1 billion a year of US alcohol through its government-run retail and wholesale outlets. Canadian officials have also targeted bourbon from Kentucky for tariffs. Constellation Brands' share price is down about 1.9% in New York, while stock in Canada-based Corby Distillers is about 1.3% higher in Toronto. 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The moves by political leaders in Ontario, Quebec and British Columbia--accounting for about 75% of the country's population--mark a worst-case scenario for US spirits producers and vintners. Ontario, Canada's most populous province, sells roughly C$1 billion a year of US alcohol through its government-run retail and wholesale outlets. Canadian officials have also targeted bourbon from Kentucky for tariffs. Constellation Brands' share price is down about 1.9% in New York, while stock in Canada-based Corby Distillers is about 1.3% higher in Toronto. (Paul.Vieira@wsj.com, @paulvieira) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 04, 2025 14:20 ET (19:20 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"STZ","symbol_name":"星座品牌","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2517988670","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2517988670","pubTimestamp":1741116000,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1420 ET - Canada's biggest provinces are pulling US alcohol from their government-run liquor retail outlets in response to President Trump's hefty tariffs on Canadian imports. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"STZ":"星座品牌","LU2552382132.HKD":"WELLINGTON US BRAND POWER \"A\" (HKD) ACC","BK4504":"桥水持仓","BK4169":"酿酒商与葡萄酒商","LU2552382215.SGD":"WELLINGTON US BRAND POWER \"A\" (SGDHDG) ACC","LU2552382058.USD":"WELLINGTON US BRAND POWER \"A\" (USD) ACC","BK4588":"碎股","BK4585":"ETF&股票定投概念"},"translate_title":"加拿大各省从政府经营的酒类商店中撤下美国酒类——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STZ":0.9},"content_text":"1420 ET - Canada's biggest provinces are pulling US alcohol from their government-run liquor retail outlets in response to President Trump's hefty tariffs on Canadian imports. The moves by political leaders in Ontario, Quebec and British Columbia--accounting for about 75% of the country's population--mark a worst-case scenario for US spirits producers and vintners. Ontario, Canada's most populous province, sells roughly C$1 billion a year of US alcohol through its government-run retail and wholesale outlets. Canadian officials have also targeted bourbon from Kentucky for tariffs. Constellation Brands' share price is down about 1.9% in New York, while stock in Canada-based Corby Distillers is about 1.3% higher in Toronto. (Paul.Vieira@wsj.com, @paulvieira) \n\n\n  (END) Dow Jones Newswires\n\n\n  March 04, 2025 14:20 ET (19:20 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}