Canadian equities are moving higher at midday, as the healthcare and consumer discretionary sectors are pushing the benchmark index forward. The S&P/TSX Composite Index is up 0.2% as 8 of 11 sectors are climbing thus far today.
In corporate news, Restaurant Brands International (QSR) is advancing 1.8% as the company was upgraded to Top Pick at UBS. Ensign Energy Services Inc. (ESI) is 1.5% lower as the company was downgraded to Market Perform at Raymond James. Cineplex Inc. (CGX) is declining 3.4% amid industry-wide weakness.
Nova Scotia has a long and rich tradition growing grapes for wine dating back to the 1600s, when we were one of the first areas to cultivate grapes in North America. And, of course, many Canadians know that Canada’s wine industry has enjoyed explosive growth and increasingly broad international recognition in recent years. It is worth considering just how rapidly our own indigenous wine industry has grown: from 13 wineries in 2011 to 20 wineries today.
Our wine regions
As Nova Scotia’s excellent and comprehensive wine website, Wines of Nova Scotia explains, Nova Scotia’s wine regions are located in the Annapolis Valley, Avon River Valley, Malagash Peninsula, LaHave River Valley, and Bear River Valley. Counting 800 acres under vine, our region’s soil and mesoclimates create an excellent environment for the production of character-rich high quality wines.