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Molson Coors reaches pay deal with CEO

Molson Coors Brewing Co. reached an agreement with Peter Swinburn on Thursday on a compensation package for his position as the company's president and chief executive, according to a filing with the U.S. Securities and Exchange Commission.

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Molson Coors' new CEO has $875,000 salary

Peter Swinburn will be paid $875,000 a year in his new role as the top executive of Molson Coors Brewing Co., the brewer disclosed Tuesday in a Securities and Exchange Commission filing. (TAP)

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The real reason beer is costly

... to some of the highest-grossing beer makers in the world – Belgium's InBev SA, the United States' Molson Coors Brewing Co. and Japan's Sapporo. Analysts estimate that these foreign entities earn a combined $1 billion a year in profits in Canada, mostly in Ontario, making the province one of the most lucrative beer markets in the world.And Ontario's beer consumers pay the freight, with higher...

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Cornering the beer market

... to some of the biggest multinational beer makers in the world – Belgium's InBev SA, America's Molson Coors Brewing Co. and Japan's Sapporo Brewing.Together, they control a chain of stores that accounts for $2.5 billion in sales – or roughly 80 per cent of Ontario's beer market.In Wilcox's view, that amounts to a privately owned, government-sanctioned near-monopoly over beer distribution...