Turmoil in Canada

The Canadian beer industry is gripped by complete and utter chaos. First, National Hockey League games were shut down early, crippling beer sales. Then a price war between Labatt and Molson. The Molson Coors merger brings a strong US brand, Coors Light, to market without fears of cannibalization. Labatt and Molson are both down big in the US this year, down high single digits. The response has been heavy discounting.In upstate New York, Molson and Labatt are discounting at alarming