CEO John Peller is retiring as president and CEO "within the next year". He has been chief executive for 29 years. Meanwhile, four directors -- Perry Miele, Shauneen Bruder, François Vimard and David Mongeau -- are stepping down "effective immediately … to support a proactive refreshment of the board", a statement read.
Corby Spirit and Wine Limited ("Corby" or the "Company") (TSX: CSW.A) (TSX: CSW.B) today announced financial results for its fiscal 2024 first quarter for the period ended September 30, 2023. The Corby Board of Directors is pleased to declare a dividend of $0.21 per Voting Class A Common Share and Non-Voting Class B Common Share of the Company, consistent with the amount of last dividends payment. This dividend is payable on December 8, 2023 to shareholders of record as at the close of business on November 24, 2023.
Weather in Canada is becoming more erratic thanks to climate change -- we're seeing cold snaps, severe thunder and hail storms, and wildfires. That's having a big impact on Canada's wine industry. Today, The Globe's wine writer Christopher Waters joins us to explain what's going on in the industry, how that's impacting the wines themselves, and why it's such an important industry to pay attention to.
Constellation Brands has declined to take up warrants over 139,745,453 common shares in Canopy Growth, the Canadian producer which has caused unending problems for Constellation since it took an initial CN$190 million stake in Canopy in 2017.
Canadian architect Provencher_Roy is toasting the completion of a pair of bridges it designed in Montreal made with concrete 10% comprised of ground, recycled glass. Calling it a world first, the practise said the 40,000kg of glass used as a ternary binder represented 70,000 wine bottles.
Okanagan Crush Pad Winery (OCP) proudly celebrates two remarkable environmental achievements, solidifying its position as a leader in sustainable winemaking. OCP has become the first Canadian winery to attain silver membership with International Wineries for Climate Action (IWCA), joining a prestigious list of global wineries committed to addressing climate change. Additionally, the winery has made history by converting to Fortis BC's Renewable Natural Gas (RNG) program.
Canadian documentary filmmaker Maya Gallus spent two years shadowing grape growers and winemakers in Niagara to assemble Crush: Message in a Bottle. The film captures the rhythms of winemaking through the season, from deliberate and measured pruning in March that sets the vineyard up for the growing season to the go-go-go activities of the harvest season -- commonly referred to as "crush" by winemakers.
Red Rooster Winery, a renowned name in British Columbia's Okanagan, shared somber news of its onsite operations closure on Facebook, citing an unprecedented winter calamity that wreaked havoc on their vineyards. (Is there more to the decision, given that Red Rooster is owned by Andrew Peller Ltd., Canada's second-largest vintner? This is the second iconic BC winery to close this year: Arterra Wines closed Sumac Ridge in April - ed).
Corby Spirit and Wine and the Toronto Institute of Bartending (TIB) celebrated their new sustainable bartending partnership by showcasing their commitment to the Bar World of Tomorrow - a global ambition to train and upskill 10,000 bartenders on sustainability practices as part of Pernod Ricard's sustainability & responsibility (S&R) roadmap "Good Times from a Good Place."
Canada's Canopy Growth, North America's largest cannabis enterprise, is quitting the sports drink sector. It is putting its BioSteel Sports Nutrition arm into bankruptcy protection from its creditors in its latest attempt to cut costs and stem losses. The company said it will no longer fund BioSteel and that it has fired or given working notice to the sports-drink company's 181 employees.
Forty Creek, the award-winning Canadian whisky brand, announces the launch of its 2023 Limited Release, Cherrywood Reserve, a distinctly Niagara whisky with cherry aromas and a kiss of brandy. Cherrywood Reserve pays homage to the Niagara Region by crafting an exquisite whisky steeped in cherry wood from one of Ontario's most treasured fruit belts, bringing out a wonderfully unexpected character and flavour.
The town of Cardston in Alberta, one of Canada's few remaining dry towns, has voted to remove laws forbidding the purchase of alcohol. The Mormon-founded town, which has mantained its Prohibition laws long after the rest of the province axed them in 1923, has thwarted two previous attempts -- in 1957 and 2014 -- to have the alcohol ban lifted.
Six female entrepreneurs from across the country have been revealed as finalists for the 2023 Bold by Veuve Clicquot Award, which feature two awards of distinction: the Bold Woman Award and Bold Future Award. The longest-running international award of its kind, the platform recognizes and pays homage to the courageous contributions of women entrepreneurs and such leaders who inspire others through their journeys.
Empress 1908 Gin, award-winning makers of the #2 ultra-premium gin in the U.S., today announces the U.S. debut of Empress 1908 Elderflower Rose Gin. It is handcrafted and distilled in copper-pot stills by Victoria Distillers, one of Canada's oldest, small-batch spirits companies.
Renfrew County's first winery is set to hold its grand opening this coming weekend in Whitewater Region. Whitewater O'Brien Winery, located in Westmeath, Ont., will open for the first time Saturday at noon after planting its vines nine years ago. An invitation-only event will begin at 6 p.m. "We have Marquette, Petite Pearl, and Frontenac as our main varieties," says winemaker Jason O'Brien.
In response to extreme events such as these over the last 20 years, WGBC established the Vineyard Resiliency Task Group, with representatives from many of the industry's major stakeholder groups -- winemakers, grape growers, WGBC, the BC Wine Grape Council, the BC Grapegrowers' Association and the BC Ministry of Agriculture and Food.
Metro workers have been on strike for a month, and their tactics are becoming more aggressive. The picket lines moved to two distribution centers in Toronto as protesters blocked trucks from making fresh deliveries to all Metro stores in Canada, including the Food Basics chain, reports the Financial Post.
In a report commissioned by wine industry partners, the Ontario government and its antiquated LCBO monopoly takes the brunt of the blame for the stunted growth of VQA wines in this province.