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.
Next month, wine lovers of all types will have a chance to get an international perspective on winemaking as the inaugural Wine Talks event kicks off at Okanagan College.
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.
"It's not the type of automation that reduces the employees. We still need three people for the whole process. Now we can get a whole lot more done. It's what we need to move forward into the future."
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.
Constellation Brands, owner of Robert Mondavi wines, has reportedly started an auction for its Canadian wine division that currently includes award-winning Inniskillin.
The New York-based alcoholic beverages giant Constellation Brands is preparing to sell its $US1 billion ($1.31 billion) Canadian wine business to concentrate more on premium wines, raising questions about how long it may hold its stake in Australia's Accolade Wines.
A thousand miles north of Napa, an explosion of funky wineries amid glorious British Columbia scenery are producing fine tipples, along with fantastic farm-to-plate food
The 39th annual wine and food festival runs Feb. 11-19, opening with the Bacchanalia Gala at the tony Fairmont Hotel Vancouver and including the four International Festival Tastings at the Vancouver Convention Centre.
The Vancouver International Wine Festival is pleased to announce the winery lineup for the 39th annual festival, which takes place February 11-19, 2017. The eight-day wine and food extravaganza will showcase 182 wineries from 16 countries, including 77 wineries from featured country Canada and 105 additional producers from around the world, pouring 1,550+ wines at 55 events.