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 Food Events / Food News September 18, 2019 EAT Buzz Up-Island & Tofino September|October 2019 The Buzz Up-Island It’s high time for festival season! I anticipate this time of the year all year long when fresh produce is in abundance, ... Read More Food Events / Food News July 3, 2019 EAT Buzz Up-island & Tofino July|August 2019 The Buzz Up-island July 2019 “First we EAT, then we do everything else”(M.K.Fisher) – at least I do anyway. Never short of ... Read More Events / Food News / Places June 27, 2019 City EATS July|August 2019 Summertime means eating al fresco, whether on one of our city’s many lovely outdoor patios or packing a picnic and heading to a park or ... Read More Events / Food News / Places May 3, 2019 City EATS May 2019 Summer is on the way! This seems like a good time to remind you about Victoria’s incredible small batch ice cream and frozen treat makers, just in ... Read More Events / Food News / Places May 3, 2019 The Buzz Tofino May 2019 16th Tofino Food & Wine Festival — 20 top chefs, 75 wineries and 21 breweries to indulge on June 7th – 9th. Friday kicks off The Cocktail ... Read More Events / Food News / Places May 3, 2019 The Buzz Up-island May 2019 Living on Vancouver Island is like living in paradise; however, I think Mother Nature is possibly going to test our resilience this season with ... Read More Comments are closed.