Feds hope to get more glasses clinking with investment - Belleville Intelligencer | Canada News Media
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Feds hope to get more glasses clinking with investment – Belleville Intelligencer

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Sandor Johnson, owner of Potter Settlement Artisan Winery, received $100,000 from the federal government’s Canadian Experiences Fund to help enhance culinary tourism experiences, expand their product offerings and support local jobs.
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The federal government wants to hear more clinking of glasses at microbreweries, cideries and wineries throughout Eastern Ontario this summer and into the future.

The region is a Canadian gem, a rich and diverse region where visitors can enjoy a range of artisanal foods and drinks in a natural setting. Eastern Ontario’s tourism industry welcomes tens of thousands of visitors each year and supports an array of good, local jobs, from entrepreneurs and artists to farmers, wine makers and distillers.

Over the past months, Canada’s tourism industry has been hit hard by COVID-19. Local microbreweries, wineries and craft cider producers have all felt the impact, with a significant drop in revenues. The Canadian government has implemented a series of significant measures to help these businesses keep their employees, pay rent and get access to capital, and is committed to helping them support jobs and opportunities as the economy reopens.

Friday, to mark International Beer Day, Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced $250,000 through the Canadian Experiences Fund (CEF) to help three Eastern Ontario producers enhance culinary tourism experiences, expand their product offerings and support local jobs.

“Eastern Ontario is a beautiful and bountiful part of our country, and it’s no surprise that visitors are drawn by all that it has to offer, including incredible craft beer, cider and wine. With our tourism industry feeling the impact of COVID-19, this important investment from FedDev Ontario will help three local businesses not just survive, but thrive. Our message is clear: we’ve been here for you with significant measures, we’re here for you now as our economy reopens and we’ll get through this, together. We’re working with you to support good, local jobs and help Central Ontario’s economy come back strong,” Joly said.

The investment will help three local producers grow their businesses, extend their tourism seasons and attract more visitors, both to their properties and the wider region. It will help these growing enterprises recover from the impact of COVID-19 while creating jobs and opportunities in their communities.

Kings Mill Cider, a family-run craft cider producer, located just north of Stirling, received $75,000 to expand its operations into shoulder seasons and improve the tourist experience. With this investment, King’s Mill has completed a new covered walkway and enclosed deck overlooking the orchard, a renovated kitchen and taproom area, improved road signage and parking and introduced new experiences including a wood-fueled pizza oven, walking trails and overnight tent camping.

Kings Mill Cider has two full-time employees and four part-time employees. The company uses local product and hires local personnel whenever possible.

“The Canadian Experiences Fund contribution through FedDev Ontario has transformed Kings Mill Cider from a small, rural cider producer to an agricultural tourist attraction,” said Kees Morsink, of Kings Mill. “The new features of a covered patio, additional parking, pizza oven, yurts and better signage have helped to make this Hastings County location a must-visit destination.”

Located in Tweed, Potter Settlement Artisan Winery received $100,000 to expand its tourist season by improving the buildings and property. It has added a pizza oven that can serve 50-100 customers per day, water features and new tourist amenities. Potters Settlement combines a marriage of rustic, old-world charm with up-to-date winemaking techniques. They have 12 part-time employees and their experimental vineyards has garnered them the Ontario Premier’s Award for Agri-Food Innovation for pioneering grapes for Canada as recognized by The Grape Growers of Ontario.

“The Potter Settlement team is grateful to FedDev Ontario and the Canadian Experiences Fund for this vital contribution to help us improve our facility to enable us to draw precious tourism, increase employment and boost the economy of our community and region,” said owner Sandor Johnson. “As the only winery in Hastings County and Canada’s accredited pioneer of international award-winning organic, disease-resistant and cold-resistant grapes, these funds are helping to ensure our viability as a farm, tourist destination and an economic focal point in Eastern Ontario for generations to come.”

With more than 200 years of farming heritage, Bath’s MacKinnon Brothers Brewing uses the hops, wheat, and barley grown on their farm to brew beer. Brewing began in 2014 and they currently employ eight full-time staff in addition to the four owners. MacKinnon Brothers received $75,000 to attract more visitors by enhancing its property and hosting events. It’s building a permanent outdoor timber-frame stage to host music festivals, performances by a local theatre company and other events, which will help draw more tourists during the shoulder season.

“We at MacKinnon Brothers Brewing are very excited for the opportunity to build a permanent stage at the brewery, allowing us to continue to focus on local music and theatre. We are grateful to FedDev Ontario and the Canadian Experiences Fund for this contribution and look forward to many great shows in the future,” said Ivan MacKinnon.

In Ontario, tourism accounts for $39.4 billion of GDP and directly and indirectly supports more than 820,000 jobs.

“Tourism businesses, including artisanal cider, craft beer and wine producers, contribute to the richness of the southern Ontario landscape. The investments made today through the Canadian Experiences Fund will have a positive impact not only on the businesses themselves, but on the local economies that depend on their unique contributions,” said Kate Young, Parliamentary Secretary to the Minister of Economic Development and Official Languages (FedDev Ontario).

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Economy

S&P/TSX composite up more than 250 points, U.S. stock markets also higher

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TORONTO – Canada’s main stock index was up more than 250 points in late-morning trading, led by strength in the base metal and technology sectors, while U.S. stock markets also charged higher.

The S&P/TSX composite index was up 254.62 points at 23,847.22.

In New York, the Dow Jones industrial average was up 432.77 points at 41,935.87. The S&P 500 index was up 96.38 points at 5,714.64, while the Nasdaq composite was up 486.12 points at 18,059.42.

The Canadian dollar traded for 73.68 cents US compared with 73.58 cents US on Thursday.

The November crude oil contract was up 89 cents at US$70.77 per barrel and the October natural gas contract was down a penny at US2.27 per mmBTU.

The December gold contract was up US$9.40 at US$2,608.00 an ounce and the December copper contract was up four cents at US$4.33 a pound.

This report by The Canadian Press was first published Sept. 19, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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Canada’s Probate Laws: What You Need to Know about Estate Planning in 2024

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Losing a loved one is never easy, and the legal steps that follow can add even more stress to an already difficult time.

For years, families in Vancouver (and Canada in general) have struggled with a complex probate process—filled with paperwork and legal challenges.

Thankfully, recent changes to Canada’s probate laws aim to make this process simpler and easier to navigate.

Let’s unearth how these updates can simplify the process for you and your family.

What is probate?

Probate might sound complicated, but it’s simply the legal process of settling someone’s estate after death.

Here’s how it works.

  • Validating the will. The court checks if the will is legal and valid.
  • Appointing an executor. If named in the will, the executor manages the estate. If not, the court appoints someone.
  • Settling debts and taxes. The executor (and you) pays debts and taxes before anything can be given.
  • Distributing the estate. Once everything is settled, the executor distributes the remaining assets according to the will or legal rules.

Probate ensures everything is done by the book, giving you peace of mind during a difficult time.

Recent Changes in Canadian Probate Laws

Several updates to probate law in the country are making the process smoother for you and your family.

Here’s a closer look at the fundamental changes that are making a real difference.

1) Virtual witnessing of wills

Now permanent in many provinces, including British Columbia, wills can be signed and witnessed remotely through video calls.

Such a change makes estate planning more accessible, especially for those in remote areas or with limited mobility.

2) Simplified process for small estates

Smaller estates, like those under 25,000 CAD in BC, now have a faster, simplified probate process.

Fewer forms and legal steps mean less hassle for families handling modest estates.

3) Substantial compliance for wills

Courts can now approve wills with minor errors if they reflect the person’s true intentions.

This update prevents unnecessary legal challenges and ensures the deceased’s wishes are respected.

These changes help make probate less stressful and more efficient for you and other families across Canada.

The Probate Process and You: The Role of a Probate Lawyer

 

(Image: Freepik.com)

Working with a probate lawyer in Vancouver can significantly simplify the probate process, especially given the city’s complex legal landscape.

Here’s how they can help.

Navigating the legal process

Probate lawyers ensure all legal steps are followed, preventing costly mistakes and ensuring the estate is managed properly.

Handling paperwork and deadlines

They manage all the paperwork and court deadlines, taking the burden off of you during this difficult time.

Resolving disputes

If conflicts arise, probate lawyers resolve them, avoiding legal battles.

Providing you peace of mind

With a probate lawyer’s expertise, you can trust that the estate is being handled efficiently and according to the law.

With a skilled probate lawyer, you can ensure the entire process is smooth and stress-free.

Why These Changes Matter

The updates to probate law make a big difference for Canadian families. Here’s why.

  • Less stress for you. Simplified processes mean you can focus on grieving, not paperwork.
  • Faster estate settlements. Estates are settled more quickly, so beneficiaries don’t face long delays.
  • Fewer disputes. Courts can now honor will with minor errors, reducing family conflicts.
  • Accessible for everyone. Virtual witnessing and easier rules for small estates make probate more accessible for everyone, no matter where you live.

With these changes, probate becomes smoother and more manageable for you and your family.

How to Prepare for the Probate Process

Even with the recent changes, being prepared makes probate smoother. Here are a few steps to help you prepare.

  1. Create a will. Ensure a valid will is in place to avoid complications.
  2. Choose an executor. Pick someone responsible for managing the estate and discuss their role with them.
  3. Organize documents. Keep key financial and legal documents in one place for easy access.
  4. Talk to your family. Have open conversations with your family to prevent future misunderstandings.
  5. Get legal advice. Consult with a probate lawyer to ensure everything is legally sound and up-to-date.

These simple steps make the probate process easier for everyone involved.

Wrapping Up: Making Probate Easier in Vancouver

Recent updates in probate law are simplifying the process for families, from virtual witnessing to easier estate rules. These reforms are designed to ease the burden, helping you focus on what matters—grieving and respecting your dead loved ones’ final wishes.

Despite these changes, it’s best to consult a probate lawyer to ensure you can manage everything properly. Remember, they’re here to help you during this difficult time.

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Economy

Energy stocks help lift S&P/TSX composite, U.S. stock markets also up

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TORONTO – Canada’s main stock index was higher in late-morning trading, helped by strength in energy stocks, while U.S. stock markets also moved up.

The S&P/TSX composite index was up 34.91 points at 23,736.98.

In New York, the Dow Jones industrial average was up 178.05 points at 41,800.13. The S&P 500 index was up 28.38 points at 5,661.47, while the Nasdaq composite was up 133.17 points at 17,725.30.

The Canadian dollar traded for 73.56 cents US compared with 73.57 cents US on Monday.

The November crude oil contract was up 68 cents at US$69.70 per barrel and the October natural gas contract was up three cents at US$2.40 per mmBTU.

The December gold contract was down US$7.80 at US$2,601.10 an ounce and the December copper contract was up a penny at US$4.28 a pound.

This report by The Canadian Press was first published Sept. 17, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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