Transcript Document

EMD Board Meeting
Canadian Update
Sara Anghel
Executive Director / VP GR, NMMA Canada
February 16, 2011
Environment Canada and
New Engine Emissions Regulations
• Met with key staff at Environment Canada (EC) throughout 2010
• The new target dates for these regulations are as follows:
– Outboard, PWC, and Stern drive/Inboard up to 500 Hp – January1,
2012
– Stern drive/Inboard over 500 Hp - January 1, 2013
– Boat Evaporative Emissions Systems - January 1, 2015
• Regulation published today!
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Statistical Abstract for Canada
• Transport Canada has collected registration data dating back to
2006.
• Produce a monthly report outlining
– Type of boat; size, propulsion, province
• NMMA Canada will have access to the data in 2011
• NMMA Canada will create a Statistical Abstract for Canadian
recreational marine industry by fall 2011
• High level engine statistics will be reported for Canada
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Dealer Floorplan Financing
•
Canadian government announced:
–
$500 million towards a new Vehicle and Equipment Financing Partnership (to be run by
Business Development Bank of Canada)
–
This program will expand financing options for small and medium-sized finance and leasing
companies, increasing the availability of credit at market rates for dealers and users of
vehicles and equipment
•
They have built it…but will they come????
•
Details of program not announced
Trade Opportunities
• Global Opportunities for Associations Program
– $2.3 million annual program
– NMMA will apply for support of a Trade mission to exploratory markets (Dubai,
China, Europe boat shows)
– Government funds up to 50% of the mission
• Free trade agreements being negotiated between Canada and:
– Europe – to be implemented by 2012/ 2013
– India
• Canada has free trade agreements in place with:
– Columbia; Jordon, Panama, Peru
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