According to a recent press release, the National Marine Manufacturers Association (NMMA) Canada which represents the producers of more than 80 percent of boats, engines, trailers, accessories and gears used by North American boaters, opposes the counter measures announced by the Canadian government against the US.
The association highlighted that counter measures regarding recreational boats, if implemented, will have a significant negative impact on the industry. Specifically, of concern, are item in categories 8901.10 (inflatable boats), 8903.91 (sailboats with or without auxiliary motor), 8903.92 (motorboats other than outboard motorboats) and 8903.99.90 (outboard motorboats, other vessels for pleasure or sports). The higher expenses are “likely to be mostly felt by middle-class Canadians.” Additional, they noted that higher costs on imported goods would result in decreased purchases that would affect planned trips and tourism throughout Canada.
According to the press release, the regional marine associations represents nearly 5,000 marine related business that generate $10 billion in revenue with a GDP of $5.6 billion and directly employ 75,000 Canadians.