All Canada articles – Page 13
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News
BRP resumes operations in wake of cyberattack
Boat, PWC and engine maker BRP says efforts to restore operations continue with production restarting today at a number of manufacturing sites
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BRP acquires electronics supplier; also reveals cyberattack
After announcing acquisition, Canada’s BRP also says it is temporarily suspending operations due to an IT attack
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BRP introduces 15 new boat models around Rotax outboard
Company details multiple new pontoon and aluminium fishing models in its Manitou, Alumacraft and Quintrex lineups to use newly launched outboard series
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New Rotax outboard engine and new Sea-Doo models revealed at Club BRP event
Long-anticipated Rotax outboard propulsion system, new Sea-Doo PWCs and fully electric Sea-Doo Rise foiling board highlight new product introductions at 2023 Club BRP global dealer meeting
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Sailfish continues to expand dealer network
US boatbuilder adds three new dealers in North America
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BRP opens first ‘Experience Centre’ at Canadian resort
Direct consumer outreach initiative invites resort guests to experience watercraft, powersports equipment through guided rides
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Vision Marine rental operation drives triple-digit sales growth
Huge jump attributed to the inclusion of revenue from EB Rental
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Greek builder strengthens North American presence
Onda now has direct representation in the US, Canada and Mexico
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Canada
P&A: Full speed ahead
High demand for boats and marine equipment worldwide has Canadian parts and accessory manufacturers investing in new product launches and facility expansions to drive future growth
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Canadian dealer partners with Golden Spruce Capital to fuel expansion
Pride Marine Group says investments will help fund marina acqusitions
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Canadian economy headed for recession – RBC
Royal Bank of Canada says surging inflation and interest rate hikes will push country toward economic contraction by 2023
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Taiga commences deliveries of Orca electric PWC
Canadian manufacturer begins serial production of “game-changing” personal watercraft
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CMP Group consolidates European distribution
CMP Europe to assume responsibility for sales and service of Octopus pump and autopilot drive product line
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Canada
New horizons
A new focus on developing Canada’s Pacific coast as a superyacht cruising route is driving bold plans for luxury marina development
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BRP aims for marine revenues of $1bn by 2025 with Ghost engine launch
Market share growth projections
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Fuel prices in US and Canada yet to force boaters off the water
The average price of regular-grade gasoline is now US$5.10 per gallon
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Canada to proceed with luxury tax despite projected C$2.1bn impact on leisure boat industry
Scathing economic analysis by Canada’s Parliamentary Budget Officer forecasts significant financial damage from controversial tax scheme
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BRP lifts marine forecast despite Q1 profit dip
Canada’s BRP, manufacturer of SeaDoo personal watercraft and several boat brands, reported financial results for the company’s first fiscal year quarter ending 30 April 2022, noting continued consumer demand
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Canadian dealers struggle to meet demand ahead of luxury tax
Supply chain issues and looming tax impacting business