NSLC profits rise on sales of locally produced beer, wine, spirits - Action News
Home WebMail Friday, November 22, 2024, 10:08 AM | Calgary | -10.8°C | Regions Advertise Login | Our platform is in maintenance mode. Some URLs may not be available. |
Nova ScotiaINFOGRAPHIC

NSLC profits rise on sales of locally produced beer, wine, spirits

Sales of locally produced beer, wine and spirits are through the roof, the Nova Scotia Liquor Corporation says.

Nova Scotia Liquor Corporation says profits rose 3.9 per cent in third quarter

The Nova Scotia Liquor Corporation saw a jump in sales of locally produced spirits. (CBC)

Sales of locally produced beer, wine and spirits have jumped significantly, the Nova Scotia Liquor Corporation says.

During the last quarter of 2015, local wine sales rose by around 15 per centto $2.8 million, compared to the same three months in 2014.Nova Scotia craft beer sales grew by more than 25 per centto $2million.

The end of the year is typically a strong time for alcohol sales due to the holiday season, NSLC said in a third quarter report released Thursday.

Localproducts account for less than eightper cent ofNSLC'soverall sales.

Nova Scotia Liquor Corporation's third quarter showed a profit boost of almost 4 per cent. (News Graphics/CBC)

See an infographic of liquor sales in Nova Scotia here.

NSLCboosts local brewery

Christiane Jost, general manager of Tatamagouche Brewing, saidNSLC started carrying herbeersin November, boosting the brewery's sales by 25 per cent.

"It's been great," Jostsaid."Before wewere limited by our own distribution,which was Halifax and our own local area of Tatamagouche, so now we are able to be provincewide."

Jostsaidshe thinks the taste for craft beers is part of a movement toward eating and drinking local products.

"The majority of craft breweries are in local areas, as is Tatamagouche Brewing," Jost said."People are able to support local provincewide."

Nova Scotia now has 23microbreweries,NSLCsaid in itsreport.

Christiane Jost and her father, Hans Christian Jost, opened the new craft beer company in 2014 after getting out of the winemaking business. (Anglea MacIvor/CBC)

Local distilleries grow the most

The local distillery industry, while relatively small, saw the largest growth.

Sales of local spirits almost tripled from the previous yearto$580,000 in the last quarter of 2015, NSLC said.

The corporation attributedmuch of that success toFortress Amber Rum, distilled inthe Caribbean, blended in Guysboroughand aged atthe Fortress of Louisbourg.

Fortress Amber Rum is stored in oak barrels at the Fortress of Louisbourg. (Parks Canada )

'Wave of artisanal and craft producers'

Better business helps the province, saidGlynnWilliams, who owns the rum's maker,Authentic Seacoast Distilling company.

"The province is benefiting from this wave of artisanal and craft producers that are really having an impact on their communities," Williams said.

"In our location of Guysborough, we're one of the largest employers now in the community."

The company is building a new, larger distillery on an adjacent property to increase production, Williams said.

NSLC sold $157.8 million in alcohol overall in its third quarter,the final one of 2015. It profited$64.4 million, an increase of 3.9 per centfrom the same time a year prior.