Apr 24, 2020

NMMA Canada logoThis News Week Bulletin brings you the latest resources and funding information for your business. The information was originally compiled by NMMA Canada who is staying on top of the government’s changes and has highlighted all the pieces relevant to Canada’s marine business sector. They are actively engaging with MPPs, MLAs and government staff, speaking up on behalf of our industry as we approach boating season. 

NMMA Canada will be reaching out to provincial governments which consider marinas and dealers ‘non-essential’ to advocate for treating our industry the same way as automotive and motorcycle dealers, many of whom are continuing by offering curbside pickup and touchless transactions.

NMMA Canada is also working with their Canadian Outdoor Recreation Roundtable colleagues to communicate to federal and provincial governments about the importance of supporting the outdoor industry in the coming months. The outdoor recreation industry collectively produces an estimated $24.6 billion in economic activity for Canada each year, and governments need to recognize the vital contribution this sector makes to our local communities.

Here are the latest significant developments:

Federal government broadens criteria for Canada Emergency Business Account; announces date for Wage Subsidy applications

The Canada Emergency Business Account (CEBA) provides interest-free loans up to $40,000 to help small businesses and non-profits cover their operating costs during the pandemic. This week, the federal government announced they are broadening the payroll eligibility thresholds for the program. Qualifying employers will now need to show they paid between $20,000 and $1.5 million in total payroll in 2019 (the previous limits were $50,000 and $1 million respectively). Business owners can apply for the CEBA through their banks and credit unions.

The Prime Minister also announced that the application window for the Canada Emergency Wage Subsidy (CEWS) will open on Monday, April 27th. Businesses will be able to apply through CRA My Business Account or a separate online application form. CRA has also created a calculator that allows an employer to figure out their subsidy amount.  Before using the calculator, please ensure you have updated payroll data on hand for each of your employees (including the amount of EI premiums and CPP contributions you have paid on their behalf). 

Once the CEWS application window is open, NMMA Canada will review the application process and share added guidance in future bulletins.

Federal government working with provinces on commercial rent assistance program

This week, the federal government announced it is working with the provinces and territories to introduce a Canada Emergency Commercial Rent Assistance program for small businesses. The program will consist of loans (including forgivable loans) to commercial property owners to enable them to lower or waive rent for small businesses in April, May, and June. NMMA Canada will share more details once they are available.

Industry Canada online tool helps businesses identify COVID-19 funding and supports

Industry Canada has updated its business support finder to include COVID-19 related programs. Using this tool, an employer answers a few questions about their business, the type of help they are looking for, and then the website pulls together an easy-to-read list of relevant programs and services. We encourage you to check out the tool today:innovation.canada.ca

New NMMA Canada webpage tracks restrictions and closures across the country

NMMA is maintaining an evergreen list of restrictions and closures across Canada that pertain to the recreational boating sector, which you can find here. If you come across any errors or have new information to add, please contact Jim Wielgosz at This email address is being protected from spambots. You need JavaScript enabled to view it.

This is a frustrating and stressful time for employers, and NMMA Canada is here to help. If you are unsure about a government program, or have a concern you would like NMMA to raise on your behalf, please do not hesitate to reach out to Sara Anghel This email address is being protected from spambots. You need JavaScript enabled to view it. or Jim Wielgosz This email address is being protected from spambots. You need JavaScript enabled to view it.

Featured Articles

  • Prev
We are all Navigating Uncharted Waters. In business, at home and in our daily lives. This ...
Boating Ontario is super excited to announce Takin’ Charge Tuesdays! Takin’ ...
For the past 58 years the Vancouver International Boat Show has signalled the upcoming ...
Wait no longer - the 2021 Rideau Canal & Lower Ottawa River PORTS Guide returns this November! ...
Since mid-march, the Alliance de l’industrie nautique du Québec - Nautisme Québec has been devoting ...
Due to the on-going issues and concerns focused around the Covid-19 pandemic, ...
Due to the ongoing concerns surrounding the COVID-19 pandemic, Canadian Boat Shows has made the ...
Do you know a young person who is having trouble getting traction as they start out in life? It has ...
CARAVAN SALON 2020 has demonstrated the success of Düsseldorf trade fairs - exhibitors report ...
“Limestone” is a heritage Canadian boat brand that has earned a loyal following over the past ...

NAUTISME QUEBEC CANCELS THE 2021 MONTREAL BOAT SHOW

 

Nautisme QuebecSince mid-march, the Alliance de l’industrie nautique du Québec - Nautisme Québec has been devoting time and energy in order to present its main annual event, the Montreal Boat Show. However, with the organizational deadlines that such an event requires, the progress of COVID-19 in the last few weeks and the uncertainty of its outcome in the next winter period, Nautisme Québec finds that it is wiser to cancel the Montreal Boat Show, which was scheduled from February 4 to the 7, 2021.

“Many scenarios were on the table to make it happen and the recent success of the Montreal In-the-Water Boat Show was even more reason to be hopeful”, says Walter Timmerman, chair of the Alliance de l’industrie nautique du Québec...

Read More


 

Boating Industry Canada News Week

 

Every Tuesday we publish a fresh Digest with informative articles pertaining to the Canadian boating and marine industry. Stay up to date with the latest products, research and industry developments.

Missed an Issue of Boating Industry Canada News Week? If you're looking for a specific issue, or simply want to catch up on previous issues, check out our Boating Industry Canada News Week Archives.

Not signed up for News Week? Subscribe here

 

 

 

 

 

Changing Scene

  • Prev
Volvo Penta Inboard Performance System (IPS) units deliver a unique user experience with up to 30% ...
Propspeed, leading innovator of underwater foul-release coatings, has announced that it has ...
FLIR Systems, Inc. has announced that its Raymarine brand has collaborated with luxury yacht ...
Despite the successful season enjoyed by many boating businesses, there are risks looming on the ...
Four Winns and Glastron were honored to present The Boat Warehouse with the prestigious Large, ...
Manufacturers scored big at the 2020 National Marine Electronics Association (NMEA) Business ...
The Thomson family and MacDonald Turkey Point Marina are thrilled to announce this past weekend ...
A Few Words from Peter Harken and the Team: We started this company to build the best sailing ...
ABYC's Technical Information Report, T-32, Design & Construction in Consideration of ...
On September 8th, Brunswick Corporation (NYSE: BC) announced the restart of its systematic ...

NMMA CANADA PROACTIVELY MOVES TO ADDRESS TARIFFS, LUXURY TAX THREATS TO THE INDUSTRY IN 2020/21 

NMMA CanadaDespite the successful season enjoyed by many boating businesses, there are risks looming on the horizon for the recreational boating industry. For example, this past August President Trump announced a 10% tariff on raw Canadian aluminum being imported into the United States. This move took the political and business world by surprise given the recent coming-into-force of USMCA/NAFTA 2.0.

As soon as rumours appeared about possible tariffs, Sara Anghel and NMMA President Frank Hugelmeyer co-wrote a letter to President Trump and Prime Minister Trudeau urging them to avoid another trade dispute. 

Read More


 

Marine Products

  • Prev
Lunasea Lighting has introduced an innovative new water safety device designed for child and pet ...
Many polymer marine valves will only accept unique fittings. Not so with the new full-flow Diverter ...
With sonar, radar, GPS and a growing range of electrical equipment onboard, today's boats require ...
Leading non-skid pattern manufacturer Gibco Flex-Mold introduced their G4 100 series non-skid to ...
Easy to be mounted to all major outboard brands and integrated with existing steering systems, ...
Some owners forego installing a compass on board due to lack of space or thinking their boat is too ...
Some stereo manufacturers repackage automotive devices and call them marinized. Not so with ...
There are countless accessories for boats, leaving many owners bewildered as to which to choose to ...
TACO Marine has entered one of its new products in the competition for an IBEX 2020 Innovation ...
Comprehensive system lets users track, monitor and remotely control up to 5 switches on their ...

BOATERS BENEFIT FROM PEACE OF MIND ON LAND AND SEA WITH GARMIN ONDECK REMOTE CONNECTIVITY SOLUTION 

Ondeck ConnectivityComprehensive system lets users track, monitor and remotely control up to 5 switches on their vessel from virtually anywhere. Garmin® International Inc., a unit of Garmin Ltd. (NASDAQ:GRMN), leading marine electronics manufacturer, has announced its new OnDeck™ System, a remote monitoring and management solution that gives boaters 24/7 access to critical and timely information about their vessel.

When paired with the ActiveCaptain® app, OnDeck keeps users connected to their vessel by monitoring the boat’s battery status, bilge activity, door/hatch sensors, GPS location and more. For extra peace of mind...

Read More


 

People

  • Prev
Maple Leaf Marinas has announced that Peter Hart has joined the company as General Manager of ...
Bernard “Bernie” Luttmer (b. March 20 1945) passed away peacefully with his family at his side on ...
Navico – parent company to the Lowrance, Simrad Yachting, B&G and C-MAP brands – recently ...
The American Boat & Yacht Council (ABYC), the essential source of technical information ...
Rob Parmentier has been named President & CEO of Sailfish Boats.  Prior to this ...
North South Nautical Group Inc. is pleased to announce the appointment of Dan Peel as a yacht ...
Brunswick Corporation has announced that Yami Hu, Boston Whaler Director of Strategic ...
Propspeed, leading innovator of underwater asset coatings, announced today it has hired Matt ...
Julian Potter has joined E-Plex, the leading brand of multiplexing technology for vehicle ...
The Canadian boating industry lost one of the great ones this past week. Cameron Wardlaw sadly ...