Quote:
Originally Posted by SteelTown
There are rumours that the real reason Labatt is closing Lakeport so quickly and emptying out the building is because they found a food company to take over the building.
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It would be nice if the brewery were replaced with a food plant, but don't be fooled. The real reason for closing the plant has always been to get rid of the buck a beer thing that was cutting into Labatt's marketshare.
RE Cascioli: Eliminating the competition may be a good business decision, but that's only good for a few businesspeople. There is nothing good about this for anyone else. It's bad for the city (yet more lost tax revenue), it's bad for the workers and their families (lost jobs), it's bad for local businesses (lost income will not be spent at local business), it's bad for taxpayers (these workers will be drawing EI and paying less income tax), it's bad for beer consumers (less competition, higher prices). So, good for business, bad for society. Business as usual.