|
|
Message From The Editor
TRADE DISPUTE QUAGMIRE
Last week we wrote in this column about "The Art Of The Deal" as the boating industry in Canada reeled from the announcement of new 10% retaliatory tariffs on boats being imported from the United States.
Things are certainly happening fast. Only days later, president Trump arrived in Canada to participate in the G-7 Summit in Charlevoix Québec. News footage at the time initially suggested that things might go well, but at the end of the conference the president of the United States refused to endorse the Communique coming out of the summit - the only nation to refuse.
After he left Canada the president tweeted: "Based on Justin's false statements at his news conference, and the fact that Canada is charging massive Tariffs to our U.S. farmers, workers and companies, I have instructed our U.S. Reps not to endorse the Communique as we look at Tariffs on automobiles flooding the U.S. Market!"
Worse, as the president flew to the Singapore meeting with North Korean leader Kim Jong Un, he turned and slammed Trudeau and Canada adding an even further personal attack, tweeting: "PM Justin Trudeau of Canada acted so meek and mild during our @G7 meetings only to give a news conference after I left saying that, "US Tariffs were kind of insulting" and he "will not be pushed around." Very dishonest & weak. Our Tariffs are in response to his of 270% on dairy!"
Clearly, the president is not about to drop his 25% tariffs on steel and 10% on aluminum and we have to expect the Canadian government now cannot walk back the 10% tariffs on American-built boats and engines that come into force July 1st.
How the boat builders and dealers handle this could be debated, but my guess is that we have to up the prices by 10% as of July 1.There doesn't look to be a fast end to this escalating situation.
Andy Adams, Editor
aadams@kerrwil.com
|
|
Feature
|
BOATING ONTARIO ANNOUNCES NEW "MARINEWORX" DEVELOPMENT FUND
At the June 6th Boating Ontario Golf Tournament, Rick Layzell CEO of Boating Ontario announced a new initiative called the MarineWorx Development Fund.
Read More
|
|
Feature
|
BOATING ONTARIO LAUNCHES THE CLEAN BOATER PROGRAM
For dedicated boaters, the quality and care of our marine environment is key. Following the immensely successful Clean Marine Program launched by Boating Ontario in 1995, the association has now come out with their Clean Boater Program.
Read More
|
|
Changing Scene
|
NMMA CANADA AND MARINE TRADES ASSOCIATIONS ACTIVELY WORKING TO ADDRESS TARIFF ANNOUNCEMENT ON US BOATS
Across Canada, all the marine trades associations and NMMA Canada are taking action on the 10% tariffs just imposed on boats coming in from the USA.
Read More
|
|
B.C.'s COOPER BOATING PARTNERS WITH MARINEMAX VACATIONS
On June 5th, MarineMax Vacations announced that they are welcoming Cooper Boating as a preferred partner of MarineMax Vacations. The MarineMax Vacations Preferred Partner Program matches the best charter operations around the world...
Read More
|
|
ICOMIA AND IBEX ENTER PARTNERSHIP
On Wednesday 6 June, a collaboration agreement was signed between the co-owners of IBEX - NMMA and RAI Amsterdam - and ICOMIA. This partnership aims to raise the international standing of IBEX...
Read More
|
|
WINNEBAGO ACQUIRES CHRIS-CRAFT BOATS
In its first-ever venture into the recreational boating market, Forest City, Iowa-based camper trailer and motorhome manufacturer Winnebago Industries Inc. has acquired Chris-Craft Boats.
Read More
|
|
SOLD-OUT BOATING ONTARIO GOLF TOURNAMENT A GREAT SUCCESS
On June 6th, 2018, Boating Ontario welcomed a sold-out field of 124 golfers at Innisbrook Golf Course in support of Ontario Sailing, CNIB Lake Joseph Centre and the newly launched Boating Ontario MarineWorx Development Fund.
Read More
|
|
OFFICIAL LAUNCH OF CENTRE FOR OCEAN VENTURES AND ENTREPRENEURSHIP (COVE) WILL INCLUDE NOVA SCOTIA BOATBUILDERS ASSOCIATION
Industry, partners and tenants gathered in Halifax, Nova Scotia, on June 6thto launch the new Centre for Ocean Ventures and Entrepreneurship, known as COVE. Tim Edwards, Executive Director of the Nova Scotia Boatbuilders Association…
Read More
|
|
Events/Conferences
|
IBEX'S EDUCATION CONFERENCE OFFERS VISITORS SEMINARS, SUPER SESSIONS, AND TECH TALK WORKSHOPS
This year, visitors of the 28th International BoatBuilders' Exhibition and Conference (IBEX), held October 2-4 at the Tampa Convention Center, will have access to the event's robust and expanded education program.
Read More
|
|
Research
|
AMI'S MARINA ECONOMIC CALCULATOR - FREE WEBINAR
Open to both Canadian and American marinas, the Association of Marina Industries' Marina Economic Calculator is a powerful tool that marina operators can use to calculate the impact of their marina on the economy…
Read More
|
|
|
PLEASURECRAFT LICENSING FOR MAY 2018
Transport Canada has released the Pleasurecraft Licensing statistics for May 2018
Read More
|
|
People
|
LES SPARKS CELEBRATES 45 YEARS WITH MERCURY MARINE
We are delighted to tell you that Les Sparks is celebrating his 45th anniversary with Mercury Marine this year! Amelia Morris from Boating Industry Canada News Week got the opportunity to speak with Les directly about his 45-year career with Mercury Marine.
Read More
|
|
Boating Stock Market
|
Calendar
|
Barrie Boat Show
June 15 - 17, 2018
Barrie, ON
|
Muskoka Boat and Cottage Show
July 27 - 29, 2018
Graventhurst, ON
|
Port Credit In-Water Boat Show
August 24 - 26, 2018
Port Credit, ON
|
... View All Events
|
|
|
|
Daily Updates
For daily updates and more interesting news follow
Boating Industry Canada on LinkedIn.
|
|
|
