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Stock impact report

Manitoba's Kinew tells Ontario's Ford don't ‘shoot ourselves in the foot' with Crown Royal threat [BNN Bloomberg (Canada)]

Diageo plc (DEO) 
US:NYSE Investor Relations: diageo.com/en/investors
Company Research Source: BNN Bloomberg
“We can't let him jump. We've got to give him an opportunity to talk his way down from that ledge,” Kinew told Vassy Kapelos in an interview on CTV Power Play Wednesday, as he discussed the ongoing dispute between the two premiers that began several months ago, when Ford made headlines for pouring out a bottle of Crown Royal in front of reporters. The move came in a protest of Diageo – the parent company of Crown Royal – and their decision to close the whisky bottling plant in Amherstburg, Ont. Diageo has a whisky distillery based in Gimli, Man., which is an hour north of Winnipeg. The Manitoba plant employs nearly 80 people, while the closure of the Ontario plant will affect nearly 200 employees. Kinew stated that there was “no sense” in saying that “this Canadian worker's job requires us to hurt another Canadian worker's job,” adding that he has no plans to remove Ontario liquor from Manitoba shelves in retaliation to Ford's move. “I'm all for standing up for Ontario worker Show less Read more
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