17:57:06 EDT Fri 09 May 2025
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Andrew Peller Ltd
Symbol ADW
Shares Issued 35,243,647
Close 2024-07-19 C$ 4.18
Market Cap C$ 147,318,444
Recent Sedar Documents

Globe says Corby, rivals hear LCBO reopening Tuesday

2024-07-22 08:00 ET - In the News

See In the News (C-CSW) Corby Spirit and Wine Ltd

The Globe and Mail reports in its Monday edition that unionized employees of the Liquor Control Board of Ontario have ratified a new three-year collective agreement, marking a formal end to the two-week strike. The Globe's Emerald Bensadoun writes that stores are set to reopen on Tuesday. More than 660 LCBO stores have been closed since the strike began on July 5, leaving restaurants, bars and summer events in disarray. The Ontario Public Service Employees Union, which represents 10,000 LCBO employees, walked off the job citing fears of job losses because of the provincial government's plan to expand alcohol sales to allow convenience stores and all grocery stores to sell beer, wine and ready-to-drink cocktails. The agreement, signed Friday, promises to convert about 1,000 casual workers to permanent part-time status and hire 60 permanent full-time employees in its warehouse operations, and includes better access to health benefits and improved severance packages. It also includes an 8-per-cent wage increase over three years -- up from 7 per cent in the original offer -- as well as an extra 7.8-per-cent wage increase for the LCBO's lowest-paid workers and a wage adjustment for certain warehouse trade positions.

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