We all have champagne wishes and caviar dreams, but there's no need to wait for a big lottery win to turn them into reality. Genuine champagne is expensive, but there are good bubblies from every wine region of the world that don't need to be mixed with orange juice to make them palatable.
Sparkling wine, at any price, is enjoyable if it meets a few simple conditions. First and foremost, it should taste like fruit -- not plastic, cheap perfume, musty old bread or used Band-Aids. That fruity flavour should lean toward apple, pear or peach and have a crisp, lemony acidity in order to give it freshness. In the case of pink champagne, the flavours should emulate ripe strawberries, raspberries, pink grapefruit or pomegranate. Those are the natural flavours of quality grapes, such as Chardonnay and Pinot Noir, grown in cool climates like the northerly Champagne region itself. Inferior grapes grown in excessively warm regions cannot produce those fine flavours or provide refreshing acidity. Hot climates yield high-sugar levels that become high alcohol -- anathema to delicacy in fine wine.
Second, decent sparkling wines have teeny-tiny bubbles. Cut-rate fizz is made by carbonating the wine or by transferring CO2 gas in huge vats, which results in big bubbles. The classic method involves fermenting the wine inside the bottle, causing the gases to be absorbed by the wine and to be released in a creamy, fine mousse only upon opening and pouring.
Finally, sparkling wine must be well chilled, otherwise it will explode in foam. It should always be served in a tall, narrow fluted glass rather than a shallow saucer-shape plate on a stem. The reason? A fluted glass slows down the release of the bubbles and extends the life of a sparkling wine once it's been poured. What could be better than that?

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Why are there no Canadian sparkling wines on this list? For example, Trius Brut from Hillebrand is a dry sparkling that is made from Chardonnay and Pinot Noir, with the traditional second fermentation in the bottle. It was the first Ontario sparkling wine to receive the VQA designation and has won many awards. It's less expensive than all but the bargain brands on your list, at $24.95.