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.

  • Prev
Help us congratulate our Level 4 MST apprentices on passing their ITA Certificate of Qualification ...
Since 1995, Safe Boating Awareness Week has been the mainstay of boating safety to over 16 million ...
The Great Lakes Public Forum will be held in Niagara Falls, Ontario, September 27 - September 29. ...
Offered by AMI, the Basic Marina Operations Training Guide is a tool for entry-level marina ...
Boating industry Canada News Week Digest Shows and Events for 2022
IBEX 365, which launched last spring, continues to connect buyers and suppliers by bringing the ...
Sea Ray, Bayliner and Heyday recently came together in St. Augustine, Florida for a week-long, ...
It used to be, that in order to improve employee performance, managers studied the numbers, ...
Eliminating the traditional socket eliminates any opportunity for water to collect inside the ...
Boating Industry Canada (BIC) is proud to introduce a new Canadian marine education series. ...

A New Standard in Shore Power Safety

VoltSafe Shore PowerA Canadian company aims to dominate the global shore power market with a unique prongless plug that it says represents the safest electrical connection in the world. A Canadian tech company is looking to capture the shore power market with a unique magnetic plug design that eliminates the traditional prong-and-socket configuration to create what it says is the safest and most versatile shore power system in the world.

A small Vancouver-based start-up named VoltSafe has designed a unique prongless shore power connection that uses magnets to mate corresponding flat surfaces on the male and female terminals...

Read More


 

Changing Scene

  • Prev
As of May 2, many of the Canada Border Services Small Vessel Reporting Stations were not scheduled ...
While NWS considers moving the Atlantic storm season up 2 weeks, BoatUS has the goods on how to ...
Highfield Boats, the world’s #1 manufacturer of aluminum-hull rigid inflatable boats (RIBs) and a ...
Freedom Boat Club, operator of the largest fleet of recreational boats in the world, and a division ...
As part of its commitment to accelerate the transition to clean energy and be the most sustainable ...
Navico, a division of Brunswick Corporation’s (NYSE: BC) Advanced Systems Group (ASG), announced it ...
Sea Ray recently announced the launch of its all-new SLX 260 and SLX 260 Outboard, the company’s ...
Brunswick Corporation (NYSE: BC) announced that it has named Neha Clark Senior Vice President, ...
Boating Industry magazine editors have named Volvo Penta’s Coastal Series corrosion protection ...
Family-owned boat builder KingFisher Boats is expanding its manufacturing facility with two new ...

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

 

 

 

 

 

Motorized Water HomeMotorized Water Homes in Canada

The agreement solidifies the exclusive distribution of Navisyo Homes in the Ontario Region in Canada.

• YACHT Solutions Canada and the Navisyo Group have created a distribution partnership that.

provides an attractive and affordable alternative to waterfront property.

• The partnership facilitates the purchase of a home on the water for community heroes such as police, firefighters, teachers, military and medical professionals in Canada.

Read More


 

Marine Products

  • Prev
ePropulsion, a market challenger in marine electric propulsion systems and services, has expanded ...
Serious cruising boaters know that the most interesting ports of call are often served by smaller ...
A new low profile, concealed, stainless steel sundeck latch is now available to boat builders from ...
Unlike standard boat grime that's easily removed with a soapy deck brush, oily black soot is ...
Lithium-ion batteries are becoming increasingly popular for their ability to deliver power from a ...
HP Watermakers, the Milan-based brand of semi- and fully automatic watermakers for leisure boats ...
HARMAN International, a wholly-owned subsidiary of Samsung Electronics Co., Ltd., focused on ...
After washing a boat, it's important to dry it before unsightly water spots develop. Old towels and ...
SeaSucker's innovative Vacuum Mount is the engine that drives its products. And now, with its ...
The new VMH 35 Outboard Engine Kit from Veratron tracks a vast amount of propulsion, battery and ...

 

Seasucker Solves IssuesSeaSucker's innovative Vacuum Mount is the engine that drives its products. And now, with its Powered by SeaSucker program, the company collaborates with fellow manufacturers to incorporate its mounts into their designs, solving specific product challenges.

Vacuum Mounts aren't mere suction cups. SeaSucker's 4.5" model secures 120 lbs. to any rigid, non-porous surface for days on end; its 6" version, an astounding 210 lbs. Available in black or white with standard or low-profile housings, they can be deployed vertically, horizontally or even upside down with no effect on holding power. 

 

Read More


 

People

  • Prev
MasterCraft Boat Company, a subsidiary of MasterCraft Boat Holdings Inc. (NASDAQ: MCFT), announced ...
The Boating Ontario Association is excited to announce and welcome Lesley Hough as our new ...
Volvo Penta welcomes Lennart Börjesson as a new member of its Executive Management Group. As of 1 ...
Everglades Boats, an industry-leading designer and builder of premium offshore fishing boats, ...
Boating Ontario has just shared the news of Douglas Barnier passing away peacefully with his family ...
Volvo Penta welcomes Fredrik Högberg as a new member of its Executive Management Group. As of 15 ...
For the past 23 years there has been no greater contributor to sailing and power boating in Nova ...
Marine Surveys Canada would like to welcome Craig Bjarnason as the newest member of our team of ...
Boating Atlantic held their annual general meeting on March 2nd, 2022 and elected Eric Stanley of ...
McLaughlin, John Felix - June 1, 1941- February 3, 2022