Aug 6, 2024 On July 25th 2024, the Canadian Automobile Dealers Association (CADA) published the newest version of its annual Data Report. Providing up-to-date information and economic data to Canadians is a the core of CADA’s mission, and this report remains the best and most comprehensive way of keeping track of all the important trends, market transformations and industry insights…
July 30, 2024 PBO grossly overestimated vessel revenue projections The recent revenue results released by the Canada Revenue Agency (CRA) since the luxury tax’s September 2022 implementation confirm the marine industry’s dire predictions of a significant market disruption. Despite strong opposition by the recreational marine industry, the luxury tax implemented an additional 10% tax on boats more than $250,000. Across Canada, recreational…
July 23, 2024 July 23rd, 2024, Ottawa – The Canada Revenue Agency (CRA) has released detailed results of revenue collected since the implementation of the luxury tax and they are proving that marine industry projections of a collapse in the market have come to fruition. After months of advocacy by the marine industry on pending impacts, the tax came into force…
July 23, 2024 On Tuesday, July 16th, severe flooding in 16 Mile Creek and Oakville Harbour led to a significant rescue operation involving Oakville Marine Search and Rescue (OMSAR), the Halton Police Marine Unit, and the town of Oakville. It was part of a severe weather pattern that hit the Southern Ontario / Greater Toronto Area. CBC…
July 16, 2024 Volvo Penta expands its range of remanufactured drivelines for marine customers. This new offer expands the remanufacturing range of products to include complete engines D13, D8, D4 and D6 and the complete Inboard Performance System (IPS) range. The expanded offer will vastly enhance customer experience with swift off-the-shelf delivery and easy installation, thereby maximizing uptime, all backed…
July 16, 2024 The following story follows up the article published in the July 3rd edition of Marine Industry News from the UK that was re-published with permission in the July 9th edition of Boating Industry Canada News Week Digest. This story ran in the July 5th edition of Marine Industry News from the UK….
Regular readers of Boating Industry Canada News Week Digest know that we are concerned about the loss of options for boaters to dispose of their expired Distress Flares.
July 9, 2024 The following story was written and published in the July 3rd edition of Marine Industry News from the UK. The following story should be of great concern to the global boat manufacturing industry – Andy Adams – Editor – Boating Industry Canada News Week Digest A new study has revealed worrying levels…
July 2, 2024 In preparation for the Canada Day Weekend, Boating Industry Canada News Week Digest contacted Bruce Hayne, Executive Director at Boating BC to discuss some recent boating mishaps and to talk about what we can each do as a boater. With the Canada Day weekend approaching, Boating BC Association is encouraging everyone who may be…
July 2, 2024 As of July 1st, 2024 the embargo is lifted on the photos and information about Four Winns’ new H9 model and it is stunning! About a month ago, I traveled to Charlevoix, MI for a special press event to introduce the H9 to a small group of journalists. The water and the weather were…
Well, flares are highly regulated; you can’t set them off, you can’t throw them in the garbage and you have to replace them with new flares that are within their expiry date or you risk substantial fines. We have learned that in the past, in some areas, the fire department or police would take expired flares but very few will still accept expired flares now.
June 25, 2024 Boating Ontario received the following from one of their members in the retail finance sector on June 20th. Please be vigilant and please share this important information with your teams. In the last few weeks there has been a tremendous amount of fraud happening, this is not only on the financing side but with…
Last week, Boating Industry Canada News Week Digest featured a last-minute story from CanBoat (formerly Canadian Power and Sail Squadrons) that funding had been cancelled for their Flare Collection Day program.
June 18, 2024 The Toronto Boat Show team has shared the results of the survey process to determine the number of Show days for 2025. As a reminder, in March a Post Show Survey was underway for Exhibitors. Show organizers received a very high response rate. Thank you to the 350+ exhibiting companies that participated. 90% of the…
June 11, 2024 Following successful previews earlier this year at the Consumer Electronics Show (CES) in Las Vegas and the Discover Boating Miami International Boat Show, Mercury Marine officially launched the Avator™ 75e and 110e electric outboards. These new models are the latest to join Mercury’s all-electric propulsion lineup, which also includes the Avator 7.5e,…
While the Day on the Hill lobby session has been a key activity for NMMA Canada for many years now, I feel that the event hit a new high in the 2024 session in Ottawa on May 27 and 28th.
There is a very clear push these days to build more homes, create more density and spur gentrification. Much of this development and infilling is happening in areas previously underutilized when it comes to integration of living spaces and people; waterfronts.
Peterborough & the Kawarthas wins inaugural Water Ways Destination Of The Year award May 28, 2024 Annual prize recognizing communities “making memories on the water” launched in tandem with new show spotlighting Ontario’s boating destinations Water Ways TV announced Peterborough & the Kawarthas as the first-ever winner of its Water Ways Destination of the Year…
May 28, 2024 Dometic to partner with a dedicated team on a mission to unite companies, governments and individuals by attempting to break a world record, sailing the first fully hydrogen-powered boat 400km between the Netherlands and the United Kingdom, highlighting the range capabilities of hydrogen as an alternative for fossil fuels. The TU Delft Hydro Motion Team…
May 28, 2024 Le message en français suit. The brand features a new logo with a red maple leaf and a blue wave symbolic of boating lifestyle on our rivers, lakes, and oceans. The new name is shorter and identifiable to those interested in becoming part of our nation-wide boating family. Our non-profit Canadian organization has been providing excellent…