Vintages and the LCBO are offering a number of vintages of Château Latour including the highly regarded vintages of 1982, 1990, 1996, 2000 and 2003. Details can be found here. Normally, I would be quite excited about picking up a vertical collection from one of the most consistently top Bordeaux producers in the world.
Unforunately, the prices are outrageous.
outrageous |outˈrājəs| adjective 1 shockingly bad or excessive • wildly exaggerated or improbable
Using the Latour 2003 as an example, the LCBO price is $925 CDN. When you adjust for the exchange rate and remove the PST/GST (20% I believe), that leaves an effective price of aprox $640 USD. When you search on Wine Searcher or WineZp (wine-searcher.com, winezap.com), a good price appears to be $450 to $499 USD. Premier Cru for example offers it for $495.
I could almost afford to fly to California for the amount I would save on the two bottles I would be allowed to bring back with me.
The issue clearly is that Toronto is an affluent, wine enthusiastic market and that the hold of the monopoly is such that the LCBO can and will base their pricing model on excessive markups not seen in most civilized parts of the wine world.