|
|
Message From The Editor
The Definition of Luxury
One online dictionary defined "luxury" as a condition of abundance, or great ease and comfort. Another dictionary actually included the example of owning a yacht as a definition of luxury. What got me thinking about this topic was an article sent to me by Kaloyan Tadulov, CEO of OMAYA Yachts. In the article, he wrote that the definition of a "status-symbol" object was owning a yacht. While the article was an interesting and well-written introduction to their OMAYA Yachts, it certainly got me thinking.
I started looking for ideas and opinions about luxury and how the idea of luxury applies to our broader market for boats. Ed Slack, Editor-in-Chief at IBI recently wrote in his column that "Boat owners will pay better for service – and they will stay in boating longer". Slack also quoted Alberto Galassi, CEO of the Feretti Group who said "Too often, one-star and five-star marinas charge the same. Marinas must treat boat owners like hotel guests".
(READ MORE)
|
|
|
|
|
Quick Search Key: For a fast and easy way to search for past editions of Boating Industry Canada News Week Digest – copy "bicn" into your email Search bar.
|
|
|
Not a subscriber? Don't miss another issue! CLICK HERE to subscribe today!
|
|
|
|
Changing Scene
|
Wellcraft Makes its Constructor’s Debut at The Toronto International Boat Show
Wellcraft is accelerating its strategic expansion across North America and will proudly make its 2026 debut at the Toronto International Boat Show this January 17–25, 2026. This milestone highlights the brand’s continued growth into key markets and reinforces Wellcraft’s mission to deliver purpose-built boats engineered for serious exploration.
READ MORE
|
|
|
|
|
|
Changing Scene
|
Winners Announced for the 2025 Gussies
The winners of the 2025 Gustave Trouvé Awards for Excellence in Electric Boats and Boating (The Gussies), have been announced. Now in their sixth year, the world’s only international awards dedicated exclusively to electric boats, continue to highlight the most innovative electric vessels across the globe, celebrating design, engineering achievement, and the rapid evolution of clean marine propulsion.
READ MORE
|
|
Donate Today to Support Great Lakes Safety
Donate to support something at the heart of Great Lakes safety: The observing systems that quietly work around the clock to keep people informed and protected. Across all five lakes, buoys and weather towers form the backbone of the Great Lakes observing network. They may seem simple, but together they deliver the real-time information that millions of people rely on each year.
READ MORE
|
|
|
|
|
|
Changing Scene
|
Vision Marine Secures Strategic Flagship Marina to Anchor Long-Term Growth Plan
On December 9, 2025, Vision Marine Technologies Inc. announced that its Nautical Ventures division has entered into a commercial lease and purchase option agreement for the marina property that it currently leases at 4470 Ravenswood Road in Dania Beach, Florida, known as the Anglers Avenue Marine Center. This location secures a strategic waterfront asset in Fort Lauderdale, a central point of consumer activity in the region.
READ MORE
|
|
|
|
|
|
Events
Mark Your Calendars for NMMA Canada’s Industry Breakfast—January 20, 2026!
Proudly sponsored by Wells Fargo. Get ready to set sail for NMMA Canada’s Annual State of the Industry Breakfast, taking place during the Toronto International Boat Show. When: Tuesday, January 20, 2026 | 8:30 a.m.–11:00 a.m. READ MORE |
|
Events
Boating Ontario Seeking Volunteers for the 2026 Toronto International Boat Show
Boating Ontario is proud to once again participate in the 2026 Toronto International Boat Show, and we are looking for enthusiastic volunteers to join our crew! The Toronto International Boat Show is North America’s largest indoor boat show and a highlight of the winter boating season. Volunteers play a key role in helping us connect with boaters, share valuable boating resources, and promote safe, responsible, and enjoyable... READ MORE
|
|
|
|
Events
World Sailing Inclusion Championships Sets a New Benchmark for Inclusive Sailing
Four days of inspiring racing have concluded in Mussanah, Oman – and with them, a landmark moment in the evolution of global inclusive sailing. The inaugural World Sailing Inclusion Championships came to a close with its prize-giving ceremony on 8th December 2025, proving not only its historic relevance but its overwhelming success as the first event to unite both para-classified athletes and sailors outside the IPC classification code. READ MORE
|
|
Kick Off the 2026 AMI Conference & Expo with Exclusive Pre-Conference Learning and Marina Tours
The Association of Marina Industries (AMI) is offering a full day of pre- conference programs to launch the 2026 AMI Conference & Expo at the Ocean Center in Daytona Beach, Florida on Monday, February 2, 2026. These events provide marina professionals with hands-on learning, expert insights, and exclusive behind-the-scenes access to some of Florida’s top marina facilities. READ MORE
|
|
Research
NMMA Reports - Heading Into 2026 with Measured Expectations
As 2026 approaches, the economy is sending mixed signals to the recreational boating industry. Industry executives see a more predictable environment taking shape, supported by stable demand and firmer revenue expectations. Households, meanwhile, are contending with elevated costs and growing uncertainty about future conditions. These contrasting views create a more complete... READ MORE
|
|
|
|
Research
Canadian National Pleasure Craft licensing statistics by province for the month of November 2025
The following charts gives the Canadian pleasure craft licensing statistics for the month of November 2025. READ MORE
|
|
Calendar
The Boating Industry Canada News Week Digest calendar helps you plan ahead for the greatest personal benefit by attending events such as Distributor Shows, Industry Conferences, and of course, Boat Shows.
Check the Calendar for the latest Event Listings and their websites for details.
|
|
|
|
|
Daily Updates
For regular updates and more interesting news follow Boating Industry Canada on Facebook.
|
|
|
|
|
|
