Canada’s boat builders brace for federal government’s proposed ‘luxury tax’

February 3rd, 2022

The Canadian government’s proposed luxury tax on new boats valued at CA $250,000–originally scheduled to take effect January 1, 2022–is expected to be fully implemented in the weeks to come, according to the National Marine Manufacturers Association (NMMA) website. A spokesperson for Canadian Finance Minister Chrystia Freeland confirmed recently that the government will release draft […]

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2020 Canadian export and import report now available

January 6th, 2022

The National Marine Manufacturers Association’s (NMMA) 2020 Recreational Boat and Marine Engine Exports & Imports report is now available as a part of the 2020 Canadian Boating Statistical Abstract. This section examines recreational boat and marine engine exports and imports from and to Canada from 2011 to 2020. Key insights from the report include: Recreational […]

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