Apr 30, 2019

The Government of Ontario recently called for the federal government to review and re-consider the unintended, adverse impacts of Canada’s counter-tariffs on the Canadian boating sector. NMMA Canada and Boating Ontario applauded the move, calling the government’s acknowledgment a clear indication of recreational boating’s significant economic impact in Ontario and the entire country.

In response, Sara Anghel, President of NMMA Canada and Rick Layzell, CEO of Boating Ontario stated, “By urging the federal government to study the effects of its counter-tariffs on our country’s boating industry in its recent budget, the Ontario government demonstrated it is willing to go to bat for our industry, its businesses and workers. Counter-tariffs have taken a heavy toll on the Canadian boating industry, and we thank the Ontario government for recognizing that these punitive measures are doing irreparable damage and must come to an end.

“While we fully appreciate the very challenging situation the federal government finds itself in, these tariffs are misguided and have resulted in an unprecedented hit on the marine industry – which generates $10 billion in revenue across Canada and employs 75,000 Canadians. Ontario alone accounts for 40 per cent of the country’s boating industry – creating $4 billion in revenues and employing over 30,000 Canadians – and we are grateful the provincial government understands our economic significance and is working with us to solve the problems we’re facing.

“The Canadian recreational boating sector remains supportive of all governments’ efforts aimed at finding a solution to the ongoing trade situation with the U.S. We strongly encourage government leaders and policy-makers to consider the negative impact this continues to have on our industry and the entire economy as a whole. We look forward to continuing to work with both the federal and Ontario provincial governments in the coming months and to support any and all efforts designed to finally put an end to this extremely distressing situation.”

For more information, please contact NMMA Canada President, Sara Anghel at This email address is being protected from spambots. You need JavaScript enabled to view it.. 

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JOIN THE LUXURY TAX OPPOSITION NOW!

 

Luxury TaxOur industry needs everyone to raise their voice in opposition to the ill-considered Liberal Luxury Tax proposal.

The NMMA has shared results from the American introduction of a luxury tax in the early 1990s and the data should help persuade our government that this will be ineffective and overall, damaging to the industry and negative to their tax revenues. 

Read more about the Luxury Tax Opposition..........................

 

 

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