NEW NAFTA / CUSMA CAME INTO FORCE JULY 1, 2020 — WHAT BUSINESSES NEED TO KNOW 

NMMA Canada logo

July 14, 2020

NMMA Canada has reported that with the new Canada-United States-Mexico Agreement (CUSMA) that came into force on July 1st, NMMA is reminding members to review the changes that pertain to the recreational boating industry. Members are also encouraged to read NMMA’s fact sheet for a refresh of the main components of the agreement. Please note that NAFTA rules will continue to apply until July 1st, and will continue to apply for goods that entered into commerce on or before June 30th. 

Under CUSMA, there are no changes to the rules of origin for recreational marine engines and boats. However, importers will have to provide information in a new format to prove origin of goods and claim preferential tariff treatment. Read More 

Related Posts

The 2024 Marine Electronics Conference & Expo was a great event!

NMEA

The 2024 Marine Electronics Conference & Expo, held by the National Marine Electronics Association, (NMEA) took place September 16 to the 20th in Providence, Rhode Island. Boating Industry Canada was there for the first time and we were very impressed with what we found.

The association is very well supported and virtually any significant marine electronics company that you could name, was represented there on the Exhibitor list at the Expo as well as all being NMEA members and very supportive of the organization.

Read More

Changing Scene

Need to Catch up on News This 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.

Just Launched

Harris Boats Launches its First All-Electric Pontoon, the Cruiser e-210 Powered by Mercury® Avator™

Harris Boats has announced the launch of the Cruiser e-210, the brand’s first all-electric pontoon. Powered by a Mercury® Avator™ 35e Outboard, the Cruiser e-210 provides the same level comfort, amenities and style the Cruiser model is known for, in addition to a more sustainable, gas-free option to explore the waterways.

Read More

Mercury Racing unveils new 150R/200R V6 outboards during the 2024 Cannes Yachting Festival

Hubbell-Marine Stainless steel outlet covers

Mercury Marine, a division of Brunswick Corporation and Mercury Racing launched two new Racing outboards on the opening day of the Cannes Yachting Festival. In addition, this week Mercury also announced new color options for the 150hp FourStroke, and introduced a new mid-range Jet outboard engine.

Read More

People