The Cooper Spirits Company is set to launch a limited release of Hochstadter’s Family Reserve Straight Rye Whiskey.The Philadelphia-based company will only release 7,500 bottles of the 123.8 proof, cask-strength spirit, aged 16 years in charred American Oak barrels. Sourced from Alberta Distillers Limited and bottled at the distillery in Philadelphia, the bottles will carry a suggested retail price tag of $199.99.The whiskey was selected by Robert Cooper, the late founder of Cooper Spirits Company, from tasting through the company’s whiskey library.Cooper Spirits Company describes the whiskey as “unfiltered, undiluted and full-flavored, delivering an intense explosion of robust rye flavor.”“At 16 years of age and bottled at cask strength, these barrels deliver a vibrant maturity and a full-bodied rye flavor that we hoped to achieve with the first release of Hochstadter’s Family Reserve,” Cooper Spirits Company SVP of Marketing and Innovation Robyn Greene said in a release.This whiskey is the latest in the Hochstadter’s brand for the Cooper Spirits Company, which first launched the line in 2013 as a reintroduction of the historical spirits’ name. In the 1800s, Hochstadter’s sold more than 20 brands of spirits produced in New York, including Irish Whiskey and its bottled Rock & Rye cocktail.The Hochstadter’s line joined the Cooper family and was eventually discontinued in the 1940s, until the third generation distiller Robert Cooper chose to relaunch it with his independent distillery opening in 2006.The 21st century line began with Cooper Spirits Company’s Hochstadter’s Slow & Low Rock & Rye and was joined in 2015 by Hochstadter’s Vatted Straight Rye Whiskey.Expected to spread throughout the nation, Hochstadter’s Family Reserve should be served neat or over a large ice cube.Along with the Hochstadter’s line, Cooper Spirits Company launched in 2006 with the introduction of St-Germain, a French liqueur made from fresh elderflower blossoms. Now wholly owned by Bacardi, the New York Times has called St-Germain “one of the most influential cocktail components of the last decade.”Cooper Spirits Company also produces Lock Stock and Barrel spirits and Crème Yvette, a “berry fruit liqueur.” The Best Drinks to Pair With Your Favorite Food Shows How to Drink Absinthe and Live to Tell the Tale 5 of the Best Aged Tequilas to Drink When the Weather Cools Down All the New Whiskies You Need to Drink This Fall Editors’ Recommendations Jameson Releases Two New Caskmates Editions
OTTAWA — The annual pace of new housing starts defied expectations and picked up in January, as more multiple-unit starts offset a drop in single-detached starts, the Canada Mortgage and Housing Corp. says.The federal agency said Monday the seasonally adjusted annual rate increased to 187,276 units in January, up from 179,637 in December.Economists had expected the rate to come in at 178,000, according to Thomson Reuters.The increase came as the rate of new home starts in urban areas rose to 172,322 units in January from 161,940 in December, led by an increase in multi-unit homes including condominiums, townhouses and apartments.The rate of multiple urban starts increased to 115,008 units in January from 102,384 in December, while single-detached urban starts fell to 57,314 units last month from 59,556 in December.CMHC expects moderation in Canada’s housing market this year and nextLow rates seen fuelling Toronto’s surging housing market as Alberta markets stall“The expected slowing in housing starts in energy dependent regions in January failed to materialize, indicating that at this stage, the commodity price plunge is not yet negatively feeding through to confidence channels and into homebuilding activity,” Royal Bank economist Laura Cooper said.“Weakness also has yet to show up in the labour markets of oil-dependent provinces; however, recent reports indicate that existing home sales fell sharply in these regions in the month and downside risks to the resilience of these housing markets remain.”The Prairies saw the pace of urban housing starts climb to 53,326 in January, up from 41,192 in December, while Atlantic Canada also saw reported a jump in urban starts to 7,794, up from 5,377.Urban starts in Quebec slipped to 26,819 last month compared with 29,408 in the final month of 2014 as Ontario improved to 59,316, up from 56,798.B.C. saw urban starts drop to 25,067 from 29,165.Rural starts dropped to a rate of 14,954 in January from 17,697.CMHC said the six-month moving average in January was 188,956 units, down from 191,627 in December.