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Message From The Editor
What are the odds?
Last week in News Week Digest, we talked about the NMMA Canada Day on the Hill where we opposed the threat of a new luxury tax on boats. We continue to actively oppose this tax and last week, the marine trade associations sent out a survey to their members to gather more data to support our opposition. However, all we can do is mount a logical, business-based argument that this new luxury tax on boats valued at over $250,000 will cost jobs, reduce tax revenues and probably drive up social welfare costs in rural communities.
The NMMA has research that explains how every cruiser, or yacht is its own microeconomy with spinoff economic benefits from service, storage, fuel sales and more. A $500,000 Canadian boat has a local economic impact of approximately $40,000 each year.
What are the odds that the wealthy buyer will simply buy that yacht where it escapes the tax? (READ MORE)
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Andy Adams, Editor
aadams@kerrwil.com
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NEW!
Quick Search Key: For a fast and easy way to search for past editions of Boating Industry Canada News Week Digest – copy “bicn” into your email Search bar.
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Feature
Your Business Can Benefit from Supporting Safe Boating Awareness Week, May 22-28, 2021.
Offer your local media outlets valuable public information about marinas and safe boating during COVID-19 as well as promoting boating safety this Safe Boating Awareness Week, May 22-28, 2021. The Canadian Safe Boating Campaign and in particular the launch of Safe Boating Awareness Week (SBAW) will look different this year.
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Garmin reports strong double-digit revenue and operating income growth
Last week, Garmin Ltd. (NASDAQ: GRMN), announced results for the first quarter ended March 27, 2021. Highlights for first quarter 2021 include: Total revenue of $1.07 billion, a 25% increase over the prior year quarter led by double-digit growth in the fitness, outdoor, marine and auto segments
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ABYC Job Opening - Adjunct Technical Instructors
With the high demand for ABYC Certification training, we are looking for additional qualified instructors to teach our courses. ABYC adjunct instructors deliver course content in classroom environments as well as remotely through online presentations. For online interactive classes the schedules vary, but usually 1.5 hours in the morning or afternoon, 3 days a week for 3 weeks.
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ABYC Foundation
ABYC Foundation's Educator Training Conference, July 20-22, 2021 (all online)
ABYC Foundation's 2021 Educator Training Conference is the only event of its kind specifically focused on training high school and post-secondary educators who are teaching about boats. Marine industry leaders are encouraged to join! This is a great opportunity to show your support and connect with influencers that are training the next generation of marine technicians.
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Furuno Showcase
Furuno says, “Let's Talk Radar!”
Selling a radar system to your customers is a major sale for your business. Radar is one of the most important devices to help your customers stay safe on the water. No other piece of marine electronics can give them as much information about the objects around their boat and keep them aware in darkness, rain, or fog.
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Research
First-ever European COVID impact study shows mixed impact on industry in 2020, with optimism for coming years
The first-ever study by European Boating Industry, Bundesverband Wassersportwirtschaft e.V., and boot Düsseldorf offers a unique insight into how the recreational boating industry in Europe fared in 2020 given the COVID-19 pandemic. Presented at the International Breakfast Meeting on 20 April and now published…
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Product Focus
Mercury SmartCraft Connect expands VesselView functionality to Garmin and Raymarine displays
Mercury Marine®, a division of Brunswick Corporation (NYSE: BC), recently launched SmartCraft Connect, which allows boaters to use Garmin and Raymarine multi‑function displays (MFDs) to access detailed information about the status and operation of their SmartCraft‑compatible marine engines.
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Dometic Marine introduces next-generation Pro-Trim Engine Trim Control System
Dometic Marine has introduced an updated, next-generation Pro-Trim Engine Trim Control System with new attractive design engineered for use on a range of outboard powered boats. With its clean, modern design, straightforward installation and single or dual-function capability, Pro-Trim is an ideal choice for a range of high-performance boats.
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Product Focus
Dank and musty? Not with Iosso Odor Buster
No matter how clean it is, a dank and musty boat or RV is unwelcoming. But it's easy to remove these stale, moldy smells with Iosso Odor Buster. Simple to use, it turns the space fresh and airy without merely masking the odors with heavy fragrances.
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Product Focus
Blue Guard Innovations Launches Smart Skipper
Blue Guard Innovations announces the introduction of its boat monitoring and control system, Smart Skipper™, to enable owners, operators and captains to monitor security and safety of their unattended vessels. Smart Skipper™ consists of revolutionary Smart Mate devices and the Smart Skipper™ app.
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People
James Neophytou joins North South Nautical Group
James was first introduced into boating in 1980, in the town of Port Severn. Almost immediately he developed a passion for boating and purchased his first boat, a 15’ Kodiak with a 50hp Johnson. It wasn’t long before James got the ‘itch’ to move to a bigger boat. He and his family spent several years cruising the beautiful waters of Georgian Bay in their 23 Reinell.
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Vesper Appoints U.S. National Channel Manager to Drive Sales of the Award-Winning Cortex Product Line
Vesper Marine, manufacturer of innovative marine safety and communication products, has announced that due to rapid growth in the vital North American market, Damien Frye, based out of Seattle, Washington, has been hired as U.S. National Channel Manager.
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Calendar
Many Events have been canceled or postponed due to COVID-19.
Check the Event website for latest information.
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Daily Updates
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