15.11.2010 - Vinexpo news selection
The Quebec Alcohol Corporation (SAQ) has been authorised to invest in a limited partnership together with the FTQ Solidarity Fund and the CSN Foundation. 50% of this partnership will be owned by SAQ and the other half will be held by the two funds. The new entity will operate in the same businesses as SAQ except for retail sales in stores. This extension of SAQ activities outside Quebec will enable it to maintain its assets and strengthen its purchasing power, which will have an impact on prices, access to products and diversity.
SAQ spends $900 million buying more than 10,500 products every year from almost 2,500 suppliers in more than 65 countries. (Vinexpo / 29 October 2010)