Auditor general says NB Liquor lacks transparency in its business decisions – New Brunswick

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New Brunswick’s auditor general is asking for extra accountability and transparency on the Crown-owned liquor company.

In a report launched in the present day, Paul Martin says NB Liquor lacks correct documentation to justify its business decisions.

Martin says the company has particular preparations with some producers which have resulted in revenue margins decrease than the margins it makes on its cope with different producers.

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NB Liquor sees 15% spike in cooler, cider gross sales for 2019-20 fiscal yr

He says NB Liquor doesn’t have the required documentation to justify its particular offers, which he says leaves the company with little to no defence in opposition to claims of favouritism and bias.

The auditor general provides that the company doesn’t successfully plan for or take part in the event of the province’s liquor business as required by legislation.

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NB Liquor is a vital income generator for the province, contributing $1.7 billion over a ten-yr interval ending in March 2021.

Martin makes 19 suggestions, together with elevated transparency and accountability.

This report by The Canadian Press was first revealed June 23, 2022.

© 2022 The Canadian Press

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