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Market conditions couldn’t be better for Canada boat builders

Published on February 19, 2019 in News by The Boat Guide

With the high US dollar combined with 10% tariffs on American made boats entering Canada, boat builder Campion Marine is heading into this year’s boat show season with a highly competitive suite of handcrafted Canadian made quality boats.

As a result of the Canadian government’s 10% tariff on US manufactured boats, a response to the United States’ imposition of tariffs on certain steel and aluminum products coming from Canada, buying a non-Canadian boat may no longer be affordable for many.

On his thoughts regarding the current market opportunity, Campion’s newly appointed CEO Lorne Nakonechny says, “The market conditions are perfect for consumers to buy Canadian made boats. With the everchanging market climate due to tariffs on US manufactured boats and a strong American dollar, I have instructed our team to put everything on the table to make sure that the Canadian boat buyer can take advantage of Campion’s competitive position.” He goes on to say, “Campion is definitely going to make an impact at this year’s boat shows.”