Oct 6, 2020

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. Once the tariffs were formally announced and Canada released its draft set of counter-measures, NMMA partnered with the provincial Marine Trade Associations and wrote a separate letter to the Prime Minister encouraging the government to keep boats off the counter-tariffs list. Thankfully, as of this writing, it appears the Trump administration has lifted the 10% aluminum tariffs retroactive to September 1st — and Canada will refrain from bringing in retaliatory tariffs.

Another potential threat is the government’s promised 10% luxury tax on boats over $100,000, which appeared in the Liberal 2019 election platform and was reiterated in the previous finance minister’s mandate letter. NMMA is preparing to fight on your behalf against this tax should it appear in the government’s upcoming 2021 budget. 

No matter the issue, you can rest assured that NMMA will keep fighting to stay on the radar of MPs and policymakers and drive outcomes that help Canada’s recreational boating sector grow and thrive.

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The Importance of a Sea Trial

 

Sea TrialI am frequently asked if I think it's important that a marine surveyor attend a Sea Trial when one of our clients is buying a used boat. In very simple terms, not including your marine surveyor on a Sea Trial is a failure to complete the full marine survey. Many buyers believe they are obtaining a marine survey in order to make sure they can get insurance on the vessel they are buying.

Once the buyers receive their marine survey reports however, most realize that the surveyor sees deeper into the condition of the vessel. Often, the surveyor finds a number of items that that the prospective buyer has overlooked. 

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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.

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Marine Products

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The Wave WiFi MNC1250 is an advanced wireless network controller featuring gigabyte ports and dual ...
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Scandvik Inc. has expanded its range of DC electric table pedestals with the addition of a ...
Mercury Marine®, a division of Brunswick Corporation (NYSE: BC), recently launched SmartCraft ...
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VERATRON DEBUTS SMALLEST N2K GNSS ANTENNA

Veratron N2K GNSS AntennaAt a mere 2.4" in diameter, the Veratron GO is the smallest NMEA 2000® certified GNSS antenna on the market. Truly plug-and-play, the high-performance integrated GPS, GLONASS and Galileo receiver is available in two navigation models and a Bluetooth version for monitoring onboard networked systems.


Starting off the series is Veratron GO GPS, the satellite-only version. Alternately, Veratron GO Data offers a Bluetooth Low Energy (BLE) gateway that enables users to monitor engine, battery, navigation and other vessel performance data on Veratron's new NavDash mobile app.

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People

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Vesper Marine, manufacturer of innovative marine safety and communication products, has ...
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Mike has been an integral member of the Georgian Bay boating community for over 28 years. Beginning ...
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James Neophytou joins North South Nautical Group

James NeophytouJames 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. Unfortunately, a busy work schedule forced James to take a break from boat ownership. He knew though, that one day he’d return.  

 

 

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