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Message From The Editor
Share your opinion about reinstating the CanBoat / CPS flare collection program
Last week in Boating Industry Canada News Week Digest, we wrote that two “rights” make a “wrong” when boaters are required to carry pyrotechnic distress flares, when flares are a globally accepted emergency alert device but when there isn’t a clear path to recycling these flares when they expire. The emphasis here, is on “clear”.
We wrote that boaters and the industry should both support reinstating the CanBoat / CPS flare collection program by sending a letter to Canada’s Minister of Transportation. Transport Canada used to provide a grant to support the CanBoat / CPS flare collection program giving boaters a clear and agnostic path to recycling flares and at no personal cost, but that funding was cut this year. One of our readers wrote to say that they believe the right path is to lobby the government to recycle these expired distress flares through municipal facilities.
(READ MORE)
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Andy Adams, Editor
aadams@kerrwil.com
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Feature
CRA Numbers Show Luxury Tax Destroys Jobs and Hurts Local Businesses
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.
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Changing Scene
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ACEL Power Secures $10M in Series A Funding to Drive Sales and Advance Renewable Energy Solutions in the Marine Industry
ACEL Power of Vancouver, British Columbia, a trailblazer in marine electric innovation, has closed their oversubscribed Series A round with US$10M in funding. The funding was led by Tau Capital, an Abu Dhabi-based private venture capital firm committed to supporting advancements in science and technology for a positive impact on the world. “The closure of this funding round enables ACEL to accelerate its growth strategy to meet the growing market demand for marine electric solutions,” says Anthony Liu...
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Brunswick Corporation Augments ACES Strategy with Investments in Boating Intelligence™
Brunswick Corporation, the world’s leading marine technology company is enhancing its ACES (Autonomous, Connected, Electrified, and Shared) strategy with the announcement of Boating Intelligence™, a comprehensive initiative to incorporate AI features into its products to deliver simpler, safer, smarter, and more sustainable boating.
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Changing Scene
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Sea-Dog Line, ARCO Marine & Gold Eagle Win 2024 NMDA Supplier of the Year Awards
Sea-Dog Line, ARCO and Gold Eagle are the winners of the 2024 National Marine Distributors Association (NMDA) Supplier of the Year awards. The awards were announced during the NMDA Awards Luncheon, July 24, 2024, held during S.T.E.P. in Rosemont, IL. The Diamond category was won by Sea-Dog Line. The Everett, Washington-based company, is a leading supplier of over 5,500 marine dock, deck and rigging hardware items...
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Changing Scene
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Mack Boring & Parts Co. parts ways with OXE Diesel Engines
Mack Boring & Parts Co. announced on July 16th that it has discontinued its representation of OXE Diesel Engines effective immediately. Mack Boring was an early investor in the OXE brand, originally signing on as a distributor in 2015 and was proud to secure the first orders of OXE Diesel Outboards for the U.S. Coast Guard following joint management of a CRADA research project in 2017.
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Friday July 19 marked the opening of The Canadian Raceboat Hall of Fame
Beginning Friday, July 19th, the highly anticipated Canadian Raceboat Hall of Fame (CRHF) opened its doors to the public, bringing together the most comprehensive collection of antique raceboats seen anywhere in the world. Located on Muskoka Road 118 West, just outside of Bracebridge, Ontario, the 14,000 square foot facility will be the home to boats, drivers and artifacts, highlighting Canada’s legacy in boat racing from the past, present and future.
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Events
TIBS Exhibitors - Return your Space Application & Deposit by August 1 to receive the Early Bird Rate!
Take advantage of the Early Bird Rate and SAVE! The Early Bird Rate applies to the 2024 exhibitors, (as well as exhibitors who were not in the 2024 show and prospective new exhibitors). Any exhibitor who wants to receive the Early Bird rate for the 2025 show will be required to return their signed application and 25% deposit by August 1.
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Education
Register today for the 2024 NMEA Marine Electronics Conference!
This is your invitation to the trade show of the year for everything marine electronics! Register today for the only 100% marine electronics trade event! Meet with major marine electronics manufacturers at the Manufacturer Product Expo. The expo floor is already 90% sold out! Manufacturers who still wish to purchase a booth please do so soon, they are going fast!
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Product Focus
New TACO Marine® Aluminum Quick Release Fender Lock for pontoon boats
 The new TACO Marine® Aluminum Quick Release Fender Lock for pontoon boats makes setting fenders fast and easy. Designed for square tube, simply set a fender line to the preferred length, attach to the fender lock and insert into to the fitting. When it’s time to set off, simply push the button, remove the pin and stow.Read More |
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Lowrance Introduces New Recon™ Trolling Motors - Built for Fresh and Saltwater Anglers
 Lowrance, a world-leader in fishing electronics, today announced Recon, a new generation electric steer trolling motor, developed for both fresh and saltwater anglers, featuring a unique joystick remote and best in class power and GPS positioning. “This is an exciting launch for Lowrance because not only are we introducing the next generation of trolling motors but we’re also offering a version for saltwater anglers for the first time,”...Read More |
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People
The industry mourns the passing of David (Dave) Andrew Rozycki
 Dave died suddenly while hiking at Killarney Provincial Park on Thursday July 25, 2024 at the age of 64. Dave was the beloved husband of Regina (nee Zuwa), loving father of Andrew (Amanda), Jennifer (Stephen Feeney), Matthew and Wendy (Aaron Vindua), cherished Papa of Caden, Conor, Lucy, Bryn, Lily and Finn, and dear brother of Bruce (Melanie), Anne (Rick Goverde) and Carl (Karen-Ann) and brother-in-law of Terry Zuwa and the late Lisa (Sandro Osti). Dave will also be missed by his numerous nieces and nephews, his many friends and business colleagues. Read More |
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In Case You Missed It
The Canadian Safe Boating Council Welcomes Mustang Survival as New Presenting Sponsor
 The Canadian Safe Boating Council (CSBC) is pleased to welcome aboard Mustang Survival as a presenting sponsor. This partnership, solidified through a Memorandum of Understanding, spans a three-year term and spotlights a shared commitment to promoting safe and responsible boating in Canada.Read More |
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Calendar
Boating Industry Canada News Week now lists many in-person events such as Distributor Shows, Industry Conferences, and of course, Boat Shows. Check the listings here.
Check the Calendar for the latest Event Listings and their websites for details.
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Daily Updates
For daily updates and more interesting news follow
Boating Industry Canada on LinkedIn.
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| This email was sent to elissacampbell@kerrwil.com. |
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