Written By Guest Writer Libations / Wine News Mar 5, 2013 Wine & Grape Industry Contributes $6.8B to Canadian Economy SHARE VIA: Facebook Twitter Pinterest — Most comprehensive examination ever conducted in Canadian wine industry history —Ottawa, Ontario – (March 5, 2013) – The findings of the largest research study ever conducted on the Canadian wine and grape industry reveal a prosperous and expanding $6.8 billion dollar industry.Commissioned by the Canadian Vintners Association, the Winery & Grower Alliance of Ontario, the British Columbia Wine Institute and the Winery Association of Nova Scotia, the report titled Canada’s Wine Economy – Ripe Robust Remarkable confirms the wine industry has become a large and significant contributor to the overall Canadian economy, especially in Ontario, British Columbia, Quebec and Nova Scotia.“The research findings reinforce the significant economic value the Canadian wine industry brings to the national economy,” said Dan Paszkowski, President, Canadian Vintners Association. “The impacts are both direct and indirect, from job creation and tourism to tax generation and agricultural growth, the wine industry benefits multiple business sectors across the entire Canadian economy,” he added.Key Findings:Canadian wine industry production has an annual national economic impact of $6.8 billion. Specifically, for every bottle of wine produced in Canada there is $31 of domestic economic impact generated in the country.The wine and grape industry is responsible for more than 31,000 jobs in Canada from manufacturing, agriculture, tourism, transportation, research, restaurants and retail.Wine-related tourism welcomes more than 3 million visitors each year, generating more than $1.2 billion annually in tourism revenue and employment.The wine industry generates $1.2 billion in federal and provincial tax revenue and liquor board mark up.Canadians enjoy over 1 billion glasses or 220 million bottles of wine produced by the Canadian wine industry each year.Canadian winemakers support a broad network of related industries in urban and regional centres across Canada through significant investments, long-term jobs and market opportunities in rural communities.Wine consumption in Canada continues to grow as many Canadians are reaching for a glass of wine over spirits or beer. With Canadian wines presently representing only 30% of total wine sales across the country and imported wine at 70%, there is enormous potential for Canadian wine growth and the entire national economy.“Every dollar invested in the Canadian wine economy stimulates more jobs, more revenue and more taxes,” says Paszkowski. “The large and growing economic impact of Canada’s wine and grape industry is very compelling and will continue to spread across many sectors of the economy.The independent study was conducted by Frank, Rimerman + Co. a leading international accounting and research firm in the wine industry, which has conducted similar studies for other winemaking regions.Complete findings of the study can be found in the research report, Canada’s Wine Economy – Ripe Robust Remarkable. www.canadianvintners.com BC wineCanada SHARE VIA: Facebook Twitter Pinterest Written By: Guest Writer We get many people writing guest articles for us, as well as past contributors. This is the Guest ... Read More You may also like Beer / Beer & Cider / Drink / Events / Victoria March 24, 2019 A New Beer Society in Town Victoria Beer Week launched its sixth annual festival earlier this month, which ran from March 1-9. In addition to the festival returning for another ... Read More Beer / Wineries & Breweries February 4, 2019 Vancouver Island Brewery’s New Porter and New Re-Rebrand Vancouver Island Brewery unveils new porter along with their new re-rebrand Vancouver Island Brewery held a flight night last week, in part to ... Read More Causes / Events January 25, 2019 Blue Monday Pop-Up Bar – 100 Proof Blues January can be tough around these parts. In fact, it has come to be so globally known as such, that the third Monday of each January has ... Read More Cocktails / Events January 25, 2019 The Complete Bartender Competition 2019 Little Jumbo played host to Nimble Bar Co.’s The Complete Bartender Competition, January 16, 2019 Last Wednesday, I judged my first cocktail ... Read More Beer & Cider / Events / Victoria March 1, 2018 Victoria Beer Week launches its fifth year Victoria is once again readying itself to host the fifth annual Victoria Beer Week. As locals and beer geeks alike wet their palates for special ... Read More Coffee & Tea / Victoria December 18, 2017 Level Ground Trading Moves Up to New State-of-the-Art Headquarters Victoria, BC – Level Ground Trading, Victoria’s Fair Trade pioneer, is moving from their current location in Central Saanich, to a larger ... Read More Comments are closed.
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