Wine Institute participated in the recent Ottawa meetings of the Asia-Pacific Economic Cooperation (APEC) Wine Regulatory Forum, World Wine Trade Group (WWTG) and FIVS with a goal of improving the international regulatory climate and strengthening industry relationships with U.S. and international regulators:
Pacific Rim officials met in Ottawa, Canada to streamline import-export requirements and reduce costs for governments and winemakers. More than 60 wine regulators and wine industry representatives from 14 nations gathered at the Asia-Pacific Economic Cooperation (APEC) Wine Regulatory Forum's (WRF) 6th annual technical meeting on "Winemaking Practices and International Trade" to share good regulatory practices on wine certification, laboratory analysis and winemaking practices in the important trade region.
A few years ago, I listed a dozen good wines you could buy in the LCBO for $100 in total. I wrote that I included no Ontario wines because all in the LCBO cost more than the $8.30 average per bottle. But I received many e-mails pointing to wines at less than that. The problem was that these were not Ontario wines at all. They were all blends of Canadian and foreign wines (known as International-Canadian Blends, or ICBs).
Continuing its run of aggressive dealmaking, Constellation Brands has sold its Canadian wine business to the Ontario Teachers' Pension Plan for C$1.03 billion ($784m), while also acquiring five upscale wine brands from Washington-based Charles Smith Wines for $120 million.
Constellation Brands Inc. agreed to sell its Canadian wine business to the Ontario Teachers' Pension Plan for C$1.03 billion ($780 million), as the U.S. liquor giant focuses more on beer and premium drinks.
Minister of Agriculture, Food and Rural Affairs Jeff Leal made the announcement at the Empire Cider Company in Codrington this afternoon during Ontario Agriculture Week. This initiative has allowed Empire to double its retail sales since the company began selling at Northumberland County farmers' markets earlier this year, and the cider producer plans to continue expanding sales at additional markets in 2017.