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The Liquor Control Board of Ontario that we call LCBO is a non-share capital provincial Crown corporation based in Ontario, Canada. It was founded in 1927 on the advice of Howard Ferguson. He was the ninth Premier of Ontario and proposed to open this store throught a chain of retail stores. LCBO is considered as the largest single purchasers of alcoholic beverage products in the world. This chain was created for public as well as for bars and restaurants, which have to buy their alcoholic drinks from the LCBO. Nowadays LCBO operates about 853 stores and earns $1.66 billion net income.
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