I guess as a part of the Canadian Wineries, we are in a Perfect Storm situation now. We have been getting hits from everywhere. Here is a short list of challenges we have been facing; - Pandemic - Increases in input costs ie. bottles, labels, corks, diesel, labour - Unpredictable weather effects of climate change, heavy summer rains in Ontario, wild fires in BC, winter freeze in both
As a normal business in a healthy economy we should just increase our wine prices and pass it to the consumers. It is not so easy, in the last 12 months we have seen; - Astronomical increase in interest rates having people less disposable income - Canada's new guidelines on alcohol use suggests less wine consumption - The miracle drug "Ozenpic" is making people eat and drink less - High gas and hotel prices made people travel less - Wine glut in the world making Canada the dump ground for unsold foreign wines (Thank you LCBO)
As Icellars we have not increased our wine prices (Our 2017 Arinna was $45 dollars in 2019 and it is still $45 in 2023).
So under all of these conditions, wine regions in Ontario and BC have seen less foot traffic and less sales. As Ontario wineries we have always admired our BC colleagues on how much they are getting local support for their wines. But now, you will not believe how many BC wineries are for sale or closing their doors for good. I believe the same is happening more silently here in Ontario.
We are all hoping to weather this Perfect Storm with your help. Please consider buying and drinking more Canadian wines if you want to have a Canadian wine industry in the future.
Best wishes. Adnan Icel Owner&Winemaker
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