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Fedeli wants more bids for LCBO

Like many people, Nipissing MPP Vic Fedeli was surprised to learn that the Ontario Public Service Employees Union wants to buy part of the LCBO.  The union wants to put up $11-billion for a 75 percent ownership.  But Fedeli says the smart thing for the Liberals right now is to get more bids to see if another group will pay more.  Fedeli says whatever the LCBO is sold for, he hopes the Liberals either put the money in reserves or use it to pay down debt.  He says the wrong approach is to apply it to the deficit which only lowers the numbers for one year.

Vic Fedeli-4

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