Steady growth in winery, vineyard owners wishing to sell, ‘downward pressure’ on prices
The catastrophic impacts of extreme cold temperatures in January are putting downward pressure on prices for vineyards and wineries in the Okanagan-Similkameen. Paul Graydon with OK Wine Guys, is a realtor who specializes in vineyards. He’s also a former winery owner...
The Importance of Winery Collaboration with Erin Korpisto, of Coferment Management
With 222 licensed grape wineries and 1,234 vineyards, the Okanagan Valley boasts an important 86% of BC’s vineyard acreage. This acreage is a series of small to large-scale farmers and independent small businesses with families integrated into the fabric of our region...
The Okanagan Wine Region Is in Trouble—Can It Survive? BY KATE DINGWALL
Last week, a deep freeze hit Canada’s Okanagan Valley. The temperature dropped to arctic numbers, hitting -16°F overnight and remaining around -4°F for almost five days. The valley’s vines experienced widespread damage. A majority of Okanagan wineries lost both...
Listen to the latest Global News video with Paul Graydon on the growing number of vineyards listed for sale
A growing number of vineyards are being listed for sale. Have a listen to what Paul Graydon had to say, along with Miles Prodan of Wine Growers BC. https://globalnews.ca/video/rd/f7905766-bc12-11ee-9b17-0242ac110005/?jwsource=cl
Nearly 25% of Okanagan wineries are listed for sale
Devastating winter vine kills are just part of the reason why more than 50 wineries are for sale in the Okanagan – about one-quarter of the total number. Paul Graydon sold his Saxon Winery vineyard in 2021 and moved from making wine to specialize in selling wineries...
It’s Not an Expense Until You Decide to Sell It
When it comes to recognizing your costs of production, timing is everything When people ask me what I do for a living, I tell them that I work with interesting businesses (many of them estate wineries) in order to help them become even more successful. That sounds...
Creating a Clear Path to the Farming Capital Gains Exemption
When it comes to big tax savings for your vineyard, partnership farming beats going it alone Most estate winery owners consider the value of their vineyard property to be a cornerstone of their future retirement and estate planning. As we have stressed in previous...
Good News for Family Farm Transition
Bill C-208 Aims to Level the Playing Field for Intergenerational Business Transfers On June 29, 2021, the Private Member’s Bill C-208 received Royal Assent. The event garnered a little media attention, but you could be forgiven if you missed it – after all, there’s...