March 25, 2013
Ever wonder how much the wine industry contributes to the Canadian economy?
According to a press release, the findings of the largest research study ever conducted on the Canadian wine and grape industry–Canada’s Wine Economy: Ripe Robust Remarkable–reveals 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 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.
Key findings for British Columbia Wine include:
• BC Wine Economy has 212 wineries and over 864 vineyards on more than 9,800 acres of land.
• The BC Wine Industry’s $2.0 billion economic impact is a significant driver to the BC economy. For every bottle of wine produced in the Province, there is $42 of economic impact generated.
• More than 10,000 people have jobs in BC as a result of the wine and grape industry.
• British Columbians enjoy more than 234 million glasses or 47 million bottles of British Columbia wine each year.
• BC welcomes over 800,000 visitors every year through the wine economy, that is more than the province drew for the 2010 Winter Olympics in Vancouver.
• The BC Wine Industry generates $476 million in tourism and tourism employment related economic impact.
• More than $298 million in federal and provincial taxes and liquor board mark up is generated by the wine industry in BC each year. In taxes alone, the BC Wine Industry contributes $222 million.
For more on British Columbia wines, please refer to my seventh book, “Pacific Northwest Wining & Dining: The People, Places, Food, and Drink of Washington, Oregon, Idaho, and British Columbia.”