1st Ontario diamonds to go on sale
Ontario diamonds cost 10 to 15 per cent more
Starting next week, Ontarians can show their love with a homegrown diamond — if they can afford it.
Some of the first diamonds to be mined in Ontario will go on sale at Birks' flagship store in downtown Toronto on Monday.
The 100 Ontario-certified gems are extremely high-quality, with a retail value that's 10 to 15 per cent higher than other diamonds because they are mined and processed in one place.
It's the first batch available from DeBeers Canada's Victor Mine, which began operations near Attawapiskat in northern Ontario in 2008.
The glittering gems will be available in Toronto until May 1st, when they will travel around Canada to be exhibited in other major cities.
But this won't be the first time Ontario has shown off its gems. Victor crystals made a sparkling entrance at the Ontario legislature as part of a diamond-studded mace in spring 2009.
The Victor Mine is expected to produce about 600,000 carats of diamonds each year during its projected 12-year lifespan.
It's the province's first diamond mine and DeBeers' second in Canada, after the Snap Lake mine in the Northwest Territories.