Canada seeks closure of retail-price gap


The Canadian government unveiled a new approach for clamping down on Canada-U.S. “cross-border price discrimination” — that is, U.S. companies charging higher prices in Canada for the same products sold at lower prices in the United States without justification from higher operating costs.

The Canadian government added the initiative to what it calls its “consumer-first agenda,” National Marine Manufacturers Association Canada executive director Sara Anghel wrote in a newsletter Thursday.

The Canadian government plans to put forward legislation that will give more investigative powers and authority to the Commissioner of Competition “to go after these companies and level the playing field for many, including Canadian manufacturers selling their product domestically,” Anghel wrote.

Canadian finance minister Jim Flaherty has also announced a $390 million investment to Parks Canada during the next five years.

The investment will benefit the recreational boating industry because the money will go toward improvements to infrastructure in national parks and along Canada’s historic canals.

One specific project identified as a priority for upgrading was the Crow Bay Dam on the Trent-Severn.

“This investment may improve overall access through many Canadian waterways and, as a result, will have a positive economic impact on local businesses, tourism industries, etc.,” she wrote. “NMMA will continue to work with the federal government to address concerns over the reduced hours of operation to the waterways.”


German Superyacht Yard Files for Bankruptcy

Nobiskrug cited a lack of orders, the Covid-19 pandemic and other factors in its decision to start the proceedings.

West Marine Acquired

The private-equity firm L Catterton will take a controlling interest in the retailer’s ownership.

Kicker Supports Two Events on Lake Havasu

The marine audio company will take part in the performance-boat events Super Cat Fest West and the Desert Storm Poker Run this weekend and next.

Bay Bridge Show Starts Tomorrow

The combined sail- and powerboat show runs through Sunday in Stevensville, Md.

Brunswick Corp. Arranges Covid-19 Vaccinations

The marine-industry conglomerate aims to protect employees and their communities against Covid-19.

Kadey-Krogen Announces New Ownership Structure

This summer, the builder and its new investor plan to reveal a five-year innovation and strategic plan.

What is America’s Finest Harbor?

Online voting is open in the US Harbors competition for the best U.S. harbor.

Bruce Van Wagoner to Retire

The 45-year industry veteran was marine group president for Wells Fargo Distribution Finance.

Patrick Acquires SeaDek Parent

The Indiana-based company continues its strategy of growth through acquisitions.