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Message From The Editor
Could the housing shortage be our friend?
Canada’s shortage of housing (I can’t even utter the word “affordable” – that’s a bad joke) is being exacerbated by high interest rates and the record-breaking immigration numbers. Everyone needs a place to live and if you have come to Canada recently, you will have been met by a severe shortage of homes to buy or rent. The impact of those severe shortages of rental units has prompted politicians, most notably the federal Liberals who are watching their popularity plummet in this crisis, to try and promote construction of new housing units with financial incentives and other tricks. It won’t work. They are hammering us with high interest rates to slow the economy and drive up unemployment.
All levels of government in Canada had easy and free access to StatsCan data that could have predicted the current housing shortage, as well as the current labour shortage. Even if the Liberals could get these new housing projects organized, there are not enough people available who know how to build houses. There is a severe shortage of skilled labour, not just across Canada but in many countries. Late last week, I heard an interview with Dave McKay the CEO of the Royal Bank and he covered this predicament in detail. It’s daunting but I can see a possible solution for us.
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Andy Adams, Editor
aadams@kerrwil.com
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Feature
Changes to the Marine Safety Fees Regulations (Vessel Registry Fees)
Transport Canada is now introducing amendments to the Marine Safety Fees Regulations in order to modernize vessel registry fees. These changes came into effect April 1st, 2024.
Why are the fees increasing? Fees are increasing to better reflect the cost of providing services.
Ensures that Transport Canada’s services are sustainably funded and efficiently delivered.
To balance the financial burden of the...
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Feature
Limestone Boats Resuming Production in Canada – With a Clever Twist
After acquiring the global manufacturing rights for the Canadian heritage brand Limestone® brand and tooling for the historical model lineup in 2019, , Limestone Boats made the decision to move production to Tennessee and ended up taking over an established boatbuilding enterprise there. Almost two years ago that seemed like a smart move into the far larger American boat market but changing labour conditions and...
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Changing Scene
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SV Dorothy, Oldest Canadian-built Sailboat, Wins 2024 Classic Boat Award
The Maritime Museum of BC’s classic 30’ sailboat Dorothy, built in Victoria in 1897 is back in the winner’s circle! Supporters of Dorothy’s extensive refit and continued sailing along the BC coast have been anticipating the news of the 2024 Classic Boat Awards, administered by the yachting world’s most prestigious magazine, UK-based Classic Boat Magazine.
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Research
Canadian national pleasure craft licensing statistics for the month of March 2024
The following charts gives the Canadian pleasure craft licensing statistics for the month of March 2024.
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Product Focus
Furuno announces Wireless Fish Finder Compatibility with TZ iBoat App
Furuno’s award-winning FCV600 and FCV800 are now compatible with the TZ iBoat App from TIMEZERO, available for iOS devices, offering anglers access to and control of their Fish Finder from anywhere on the boat. This expansion of the renowned Fish Finder’s wireless capabilities comes as welcome news to anglers needing access to their Fish Finder while managing the reels, or from anywhere on the boat.
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Fliteboard announces full 2024 product range offering new innovations for every type of rider
Fliteboard, a brand of Mercury Marine and a leader in the eFoil industry, has introduced its 2024 product range. The full range includes the fourth generation of Fliteboard and Fliteboard PRO with new options including a high performance Aluminium eFoil propulsion system with titanium conical wing interface, a Marc Newson designed hand controller with a larger and brighter color screen...
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Product Focus
New Mustang Survival MIT 100 Convertible A/M Inflatable PFD
The new Mustang Survival MIT (Membrane Inflatable Technology) 100 Convertible A/M Inflatable PFD is a lightweight and versatile option for inshore and coastal excursions. The convertible inflator lets users choose between automatic and manual inflatable modes to suit their needs. Stowed neatly in the zippered hip pocket, the inflator cap for the specific use case is always within reach.
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Innovative speaker splits musical soundstage
For optimal music reproduction, it's ideal to place the mid and high frequencies closer to ear level. Infinity Kappa 8" three-way convertible RGB marine speakers from RiverPark Marine easily accomplish this. Engineered to excel in an exposed environment, the award-winning design divides the musical soundstage for an audiophile-quality listening experience on a boat.
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People
KingFisher Boats announces promotions of Baxter Bolton to President and Brad Armstrong to CFO at Bryton Marine Group
KingFisher Boats, a North American leader in heavy-gauge aluminum boats, is proud to announce the promotions of Baxter Bolton to President at KingFisher Boats, and Brad Armstrong to Chief Financial Officer at Bryton Marine Group – KingFisher's parent company. Baxter Bolton brings a wealth of experience and a proven track record of leadership to his new role.
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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. |
