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Finance committee  In terms of difficulty, there should be a net benefit to SAQ, because these purchases are incremental to the sales already made by SAQ to restaurants and duty-free operators. As a duty-free operator I can only purchase my liquor from the state monopoly. The reality is that the volume of sales should increase for SAQ or LCBO because these are net new sales; these are not cannibalizing domestic sales.

November 5th, 2009Committee meeting

Richard Rendeck

Finance committee  Let's get some of the numbers--what they mean. When I say it's no cost, it's actually probably revenue-positive to the nation. We figure we're talking around 400 new jobs across Canada to repatriate and grow our sales; $13 million in wages—these are immediate impacts—and $4 million in federal taxes annually; enhancing our international competitiveness, because certainly in our arena it's coming down; supporting Canada's gateway policy; probably increased customer satisfaction; some environmental benefits on loads that go onto aircraft that leave a trail.

November 5th, 2009Committee meeting

Richard Rendeck

Finance committee  Let me briefly wrap up. In conclusion, I think our ask here is that we are in the red zone; we want to punch it over. That's our conclusion. Cynics would say that government can't effect change. I disagree with that completely. I note the H1N1 readiness. Also, the last time I was here, this room was completely different, so clearly change can happen.

November 5th, 2009Committee meeting

Richard Rendeck

Finance committee  Thank you, Mr. Chair and committee members, for the opportunity this morning. I am Richard Rendeck, CEO of the Nuance Group. I'm here with Myron Keehn today, the director of concessions and development at Edmonton International Airport. We're here today representing a coalition of international airports in our country and duty free operators with respect to advocating an arrivals duty free program consistent with over 50 countries throughout the world.

November 5th, 2009Committee meeting

Richard Rendeck