Top 10 Diamond Wholesalers in Canada
Canada is famous for its ethically mined diamonds. The mining is performed majorly from the Northwest Territories. The Canadian diamond sector is influenced by global trends, with significant export activity primarily to regions like The USA and Asia.
When it comes to buying diamonds, choosing the authentic and genuine diamond wholesaler is the primary concern. Being one of the most expensive gems worldwide, buying diamonds is not a joke. People use diamonds mostly on occasions that capture priceless moments like marriages, so it has to be special.
That’s when the role of genuine diamond wholesalers in Canada came into play. Genuine diamond suppliers in Canada will provide you with the best quality diamonds at the best prices. Therefore, you must buy your diamond ring, or any diamond jewelry for that matter from a diamond wholesaler whom you can trust.
The objective of this blog post is to shed light on the top 10 diamond wholesalers in Canada. These Canadian diamond suppliers and wholesalers are the key players in the industry, so go through the entire blog and choose any dealer from the options available.
The Diamond Industry in Canada
The Canadian diamond industry ranks fifth in the world, according to the Mining Association of Canada. There was a production of more than 17m carats of gem quality diamonds in Canadian diamond mines namely Diavik, Quebec, Ekati and Gahcho Kue, and Ontario in 2021.
Canadian diamond mining is considered ethical as they follow environmentally responsible mining practices in most of their procurement areas. A special mention of the Canadian Diamond Code of Conduct and adherence to the Kimberley Process Certification Scheme helps maintain market integrity. The diamond industry has a major role is boosting the economy of Canada.
Canadian diamonds are quite popular in places like Europe, Japan and the USA. Canada captures more than 13% of the global diamond production share. Other major producers include Botswana, Russia, Canada, and Congo. As per reports, exports of diamonds from Canada will increase at a CAGR of 7.56% between 2022 and 2026. Factors such as global demand, production volumes and market trends will also play a significant role in deciding the fate of this sector.
Best Diamond Wholesalers in Canada
Here is the list of the top 10 diamond wholesalers in Canada, so let’s straightaway jump into it.
1. Evara Diamonds
Evara Diamonds was founded by K.C. Mehta in 1970 and since then it has been a dominant player in the Canadian Wholesale Diamond Market. By following ethical mining practices, they offer quality with integrity.
With over 50 years of experience in the Canadian diamond industry, they have managed to build an unshakable reputation for exceptional craftsmanship and reliability.
Their sheer commitment to revolutionizing customer satisfaction and following ethical practices and rigorous grading standards has helped Evara Diamonds to emerge as a prominent leader in the Canadian as well as international market.
Product Range
- Loose Diamonds
- Natural Diamonds
- Small Goods: Rounds, Fancy, and Melee
Specialties
- Ethically Sourced Diamonds
- Hand-curated, certified diamonds
- Brilliant Customer Service
Contact Information
Email: [email protected]
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2. Q Diamond
Q Diamond is a Toronto-based Diamond Wholesale Company and a premier player in the global diamond wholesale market. They select certified diamonds that are meticulously handpicked from international markets.
They have a strong global network of diamond cutters and manufacturers, ensuring their customers receive ethically sourced, best-quality diamonds at pocket-friendly prices.
Product Range
- Loose Diamonds
- Natural Colored Diamonds
- Small Goods: Rounds, Fancy, and Melee
- Diamond Jewelry that includes Wedding Rings, Engagement Rings, bracelets, earrings, etc.
Specialties
- Ethically Sourced Diamonds
- Hand-curated, certified wholesale diamonds
- Custom and fashion-forward jewelry designs
- Brilliant Customer Service
3. E&G Diamonds
Since its inception in 1992, E&G Diamonds has been supplying diamonds to multiple retail jewelry stores across Canada. With their diamond cutting centers in Canada, E&G Diamonds has successfully managed to offer diamonds to retailers at highly affordable prices. Additionally, with their exceptional customer service, they are the most preferred diamond wholesalers across Canada.
Product Range
- Loose Diamonds
- Custom made jewelry
- Diamond Jewelry
Specialties
- Over 30 years of experience
- In-house cutting centers for polished diamonds
- Competitive pricing by eliminating intermediaries
- Diverse variety of products
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4. Waldman Diamond Canada
Formed in 2004, ‘Waldman Diamond Canada’ is a famous diamond wholesaler in Canada and nearby areas. It is a Toronto-based company that deals with natural. They operate not just in Canada but internationally and their services cater to the diverse needs of their clients. With a perfect blend of quality and ethical sourcing, Waldman Diamond Canada has managed to grab a sweet spot in the list of top ten Diamond Wholesalers in Canada.
Product Range
- Natural Diamonds
- Loose Diamonds and Diamond Jewelry
Specialties
- Trusted wholesaler and supplier since 2004
- Premium quality diamonds
- Ethically sourced diamonds
- Personalized service with a global reach
5. Regal Imports Ltd.
With nearly five decades of diamond business experience, Regal Imports is one of the renowned diamond wholesalers in the Canadian market. They have an extensive network of diamond suppliers and retailers in and outside of Canada. By following ethical diamond mining practices and rigorous grading standards, they make sure their customers get premium ethical products.
Product Range
- Loose Diamonds
- Diamond Jewelry
- Custom Designs
Specialties
- More than 4 decades of experience
- Rigorous grading standards
- Strong relationships with international suppliers
- A dominant name in the jewelry retail sector across Canada
6. Vancouver Diamond Store
Specializing in GIA-certified diamonds, Vancouver Diamond Store is dedicated to offering exceptional diamonds at wholesale prices. The company smartly avoids the markups associated with intermediaries as they tend to source their products directly from suppliers in major diamond hubs. Their commitment to customer satisfaction and transparency makes them a trusted name in the industry.
Product Range
- GIA-Certified Loose Diamonds
- Custom Engagement Rings
- Diamond Jewelry such as Earrings, Bracelets, Necklaces, etc.
Specialties
- Avoidance of middleman markups
- Direct sourcing from major diamond hubs
- Fair pricing and transparency
7. MSD Gem
Montreal’s MSD Gem brings over 30 years of expertise to the diamond industry. As members of the Jewelers Board of Trade and the Diamond Bourse of Canada, they are known for offering quality with truthfulness. MSD Gem’s extensive international network and commitment to excellence have established them as a leading diamond wholesaler in Canada.
Product Range
- Loose Diamonds
- Diamond Jewelry
- Custom Designs
Specialties
- 30+ years of diamond industry experience
- Extensive international network
- Members of the Jewelers Board of Trade and the Diamond Bourse of Canada
8. National Jewel Creations
Renowned for its custom engagement and wedding rings, National Jewel Creations has a whole lot in store to offer. As a member of the Canadian Jewelers Association, National Jewel Creation upholds the highest standards of customer service and professionalism. Their personalized approach and work ethics have made them a favorite among Canadian jewelers.
Product Range
- Custom Engagement Rings
- Wedding Rings
- Diamond Jewelry like Earrings, Rings, Bracelets, and, Necklaces
Specialties
- Highly professional and experienced
- Custom Craftsmanship
- Personalized customer service
- Member of the Canadian Jewelers Association
9. PT Diamonds
PT Diamonds, located in Toronto, focuses on providing high-quality melee diamonds under 0.75 carats. They employ advanced grading and rigorous testing to ensure precision and excellence in their diamonds. PT Diamonds’ dedication to detail and quality makes them one of the reliable diamond wholesalers in canada for jewelers seeking perfectly calibrated diamonds.
Product Range
- Loose Diamonds
- Melee Diamonds (under 0.75 carats)
- Diamond Jewelry
Specialties
- Advanced Diamond Grading System
- Intense quality testing procedures
- High-quality melee diamonds
- Precise calibration for jewelry designs
10. Kimberfire
Situated in Toronto, Kimberfire is a well-known player in wholesale diamonds, custom wedding and engagement rings, and fine jewelry. They follow strict quality control measures in their operations and offer products at competitive prices. If you are searching for a credible diamond wholesaler who can provide you with tailored jewelry then feel free to contact them and talk to their jewelry consultants.
Product Range
- Wedding Bands
- Engagement Rings
- Loose Diamonds
- Custom-made jewelry
Specialties
- Fine quality loose diamonds
- Strict quality control measures
- Custom jewelry design
- Affordable Prices
- Expert consultation
The Buying Process
In order to purchase diamonds from a wholesaler, first you need to perform in-depth research of the wholesaler you choose. Research is crucial in order to test the genuineness of the wholesaler. The research involves testing the concerned party on multiple grounds.
This involves making an inquiry and visiting the wholesaler’s branch in person and see whether or not everything looks perfect. After the research is conducted and you are fully satisfied, now is the time to choose your diamonds based on your preference.
Decide whether you want to buy loose diamonds, oval diamonds, melee diamonds, or any other custom-made diamond jewelry for that matter. Once you have finalized which category of diamond jewelry you want to buy, now comes the step of asking the price and negotiating if there is a scope.
The diamond market is relatively volatile so there is always a scope for negotiation depending on how you deal with it. Now after the price is finalized, it is time you make the purchase and ask for a certificate that tells the authenticity of the diamond, and in case there is any discrepancy, you can present it in front of the court of law for any compensation or reimbursements.
Conclusion
In the end, we hope you liked the article and the list we provided has added some value to you. These diamond wholesalers represent the best of Canada’s diamond industry, each bringing unique strengths and a commitment to quality and ethical sourcing. So, feel free to choose any one of them and make your event most memorable.
FAQ
1. What should I look for when choosing a diamond wholesaler in Canada?
The first thing you look for when choosing a diamond wholesaler is its amount of experience. The more the experience, the better the quality, therefore, choosing Evara Diamonds is the decision that you will never regret making. They are the pioneering and proven authority in the global diamond market with more than 50 years of experience.
2. How can I verify the authenticity of a diamond?
To check whether or not the diamond is real you need to run ultraviolet light through it, specifically black light. This UV diamond test runs on most of the diamonds with some exceptions.
3. Are wholesale diamonds cheaper than retail diamonds?
Yes, wholesale diamonds are a lot cheaper than retail diamonds because wholesale pricing excludes overheads related to distribution and marketing.
4. Can individuals buy from diamond wholesalers, or is it only for businesses?
Usually, businesses prefer to buy diamonds in bulk from diamond wholesalers and not individuals. Wholesale diamond dealers in general deal with businesses and not the public.
5. What are the benefits of buying Canadian diamonds?
There is an ethical element attached to buying Canadian diamonds. There is an assurance that diamonds coming from Canada are harvested in a responsible, legitimate manner and extracted from conflict-free sources.
6. How do I know if a diamond is ethically sourced?
With a GIA certificate, you will know whether or not the diamond is ethically sourced. With the GIA Diamond Origin Report, you can trace the diamond to where it was mined.
7. What is the typical process for purchasing from a diamond wholesaler?
Wholesale is like selling goods to retailers. The wholesaler sells his product to a local market or retailer. The retailer would then package, markup, and sell the wholesaler’s diamonds with a profit market to the final consumer, that’s how the system works.