The SAQ, an economic lever for all Quebecers
The SAQ’s business activities generate nearly $2.7 billion a year in funds for the three levels of government (provincial and federal), including nearly $2.2 billion paid directly to the Quebec treasury in the form of dividends and taxes.
The funds are used to finance various government functions, including health care, education and public services.
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The SAQ is a major buyer of wine and spirits in Quebec, Canada and the world.
Purchases totalling more than $1.5 billion a year are negotiated, executed, shipped and sold, including nearly $300 million for beverage alcohol products made or bottled in Quebec.
As an importer, distributor (to the hospitality industry and grocery, convenience and agency stores) and retailer with a network of over 400 outlet and the SAQ.com transactional website, the SAQ is an active contributor to the local economy in every region of Quebec.
A well-performing government corporation
Year in, year out, the SAQ strives to maintain a level of financial performance that enables it to pay the expected dividend to its nearly 9 million shareholders, the Quebecers.
In the last three years, the efforts made by the entire organization have borne fruit:
- An overall contribution to the Quebec treasury on the order of $6.4 billion in dividends and taxes;
- Nearly $4.2 billion in dividends to the Quebec government.
Net earnings and Quebec government revenue between 2015 and 2024
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Net expenses and ratio of net expenses to sales from fiscal 2015 to fiscal 2024
($ million and %)
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