Ed Clark

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Ontario Is in the Middle of a Booze Revolution

In a landmark legal filing, Jesse Razaqpur and Charles Benoit, owners of the Toronto Distillery Company, have sued the LCBO over what they claim is the unfair practice of enforcing distillers to sell their product for the same price as at LCBO retail stores and then pay the same markup amount in tax to the LCBO. It goes without saying that this court case could hold sweeping consequences for the LCBO should the Ontario Superior Court rule in favour of the Toronto Distillery and other, larger distillers begin to seek similar legal action.
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Ontario To Hike Taxes On Beer

TORONTO -- Ontario's Liberal government plans to hike the tax on beer and sell a majority stake in Hydro One, a huge transmission utility, to raise about $4 billion to fund infrastructure projects. Th...
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TD Bank CEO: I'm Paid Too Much

Asked if bank chief executives are paid too much, Toronto-Dominion Bank CEO Ed Clark answers with an unhesitating "yes." The man who led Canada Trust before stepping in to run the whole bank in 2002...