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Particularly with the increased costs of ownership, Fractional Ownership may be a better investment option for people considering buying a boat. Especially if they lead a busy lifestyle.
As spring approaches, the market starts to heat up, and as you are starting to search for that perfect boat, you might want to be aware of what a Yacht Broker can bring to the table.
Read more: Boat Buying: What Your Yacht Broker Knows - But...
With the boating season getting ever closer, it’s important that you understand the language of your insurance policy. When shopping for marine insurance this season here are a few insurance terms you may want to become familiar with to ensure that you are not purchasing and insurance policy that will fall short when a claim occurs.
Last summer there was tremendous interest in buying a boat to have fun in the restricted world ofCOVID19. People hauled boats to the end of their driveways with “For Sale” signs. Sailboats and cabin cruisers appeared in Kijiji and Craigs List and it sounds like most were sold to new boaters. But, are they happy owners now?
The boat buying or selling market is hot now and has been since the late spring of 2020. Sean Horsfall, General Manager, 3rd. Generation Owner at Len’s Cove Marina in Portland Ontario on the Big Rideau Lake on the Rideau Canal system, wants to help you navigate the 2021 ahead and the new and used boat buying process.
Insurance may not be exciting but it is important. Check at launch. We all know we need to spend some time working on getting the boat ready for launch. But What about your Marine Insurance Policy?
When I first saw the display at the Toronto International Boat Show saying that you could lease a new yacht, it stopped me dead in my tracks. While I had never considered leasing boats, we are certainly seeing growth in boat rental organizations...
Whether you’re a new boater or an old salt, you have much to gain by trusting your boat search to a knowledgeable professional. I’m a bit of an evangelist when it comes to boats – I believe that if you’re lucky enough to live near water, salt or fresh, owning a boat is the true meaning of life. I’ve never given up the faith, but after owning the same 35’ sloop for 30 years, things had changed. With two teenage boys who had somehow grown big, the space aboard Sway had grown small.
2012 is the Year of The Boat Buying Trifecta: Low Interest Rates – High Canadian Dollar – Low Global Boat Prices. We think that the 2012 will be the year of the boat buying trifecta; we have record low interest rates, a high Canadian dollar, and low global boat prices making the yacht of your dreams more affordable and closer to reality than we ever remember before. With rapidly escalating numbers of Canadians reaching retirement age, many of whom are already smart enough to have realized this opportunity, the Canadian boat market is alive and well while markets in most other countries are stagnant or down.
Related Articles
Boat Reviews
Regal LS36 Luxury Crossover
By Andy Adams
Regal Boats’ new LS36 is what we call a day boat. Regal says the LS36 merges their luxury yacht series with their bowrider series and the result is the LS36. This comfortable bowrider is perfect for cruising the lake or hosting friends and family for the day on the weekend.
We feel the styling deserves mention right off the top. This is a big boat at over 37-feet on an 11’7” beam but the clean and almost traditional lines give the LS36 a timeless sporty look that we think, really sets it apart. It’s a Yacht-certified vessel. I counted approximately 21 places for people to sit! You would probably never take a crowd that big but it can certainly handle a gang.
Dufour 37
By Zuzana Prochazka
Every few years, boat builders update their lines with refreshed designs and new features that eventually proliferate throughout their entire offering. Dufour Yachts is in mid-process of such an evolution as the builder changes up their line of sleek sailing cruisers.
One sign of this transformation is the naming convention that is morphing from triple-digit numbers ending with a zero, to simple double-digits that one would guess designates the LOA – more on this later. The latest model in the refresh is the Dufour 37 which replaces the previous Dufour 360.
Destinations
Hidden in plain sight: Western Lake Ontario
I start every article, story or TV segment about boating out of the biggest city in Canada the same way. Citing the multiple people who told me I would “quickly get bored of Toronto harbour” or that “there’s nothing to do in Lake Ontario” and that it was only a matter of time before I moved marinas to a much more appropriate setting just north of the city.
With all due respect to my pals who boat in Georgian Bay, I don’t foresee that happening anytime soon. Next year will be my tenth in Toronto Harbour and I love it more each year.
Lifestyle
By John Morris
McDonald’s Canada founder, George Cohon, adores his Hinckley 48 Talaria
On a leisurely summer afternoon, what could be more relaxing than a cruise up the river aboard a stunning 48-footer with the most gracious host and a few very happy guests? If you have never met George Cohon; the founder of McDonald’s Canada, you might picture him as one tough hombre, a relentless business type who achieved staggering success.
But aboard McHappy III, the coolest boat on the lake, you’d never describe him as anything but charismatic, relaxed and enjoying life to the fullest.
Introducing the next graduate in our CYOB marine career path series, Nathanial Stabenow from the East Coast of Canada.
An individual of many hats, Nathanial has had a diverse career in the marine industry taking part in commercial diving, marine navigation, rigging and boat building. He now works as a marine engineer on the LaHave ferry in Nova Scotia. Here is Nathanial’s unique career path.
Marine Products
Avator is Mercury’s next step forward in marine innovation and the 7.5e model is the first in a series of electric outboard products to be released in 2023. Mercury also plans to display concepts for its Avator 20e and 35e outboards, which will be in market later in 2023.
The Avator 7.5e outboard generates 750W of power at the prop shaft and produces similar speed and acceleration as a Mercury 3.5hp FourStroke outboard. Offered with tiller or remote steering, it’s ideal for powering many small boats, including tenders, jon boats, inflatables and kayaks.
New Gear: Compact Antenna Brings TV/FM Onboard
Televisions on a boat are increasingly commonplace. With the simple-to-install Glomex Avior VT300 Omnidirectional TV/FM antenna from GA Communications, it's never been easier to bring analog and digital broadcasts onboard—at a price that's hard to ignore.
The most noticeable feature of the Avior VT300 antenna is its compact white, anti-yellowing radome. At only 4" dia. x 8" H and 8.8 oz., it's specifically made for smaller boats that can't accommodate large TV antenna domes and only need short range reception, depending on height and conditions.
News
The Samana 59 Smart Electric is a new sailing catamaran equipped with alternative energy solutions and EODev’s electro-hydrogen REXH2.
To reduce its carbon impact, the Samana 59 Smart Electric has a virtuous energy architecture composed of a REXH2 that can provide up to 70 kW of continuous power, a battery composed of LiFePO4-EVEPOWER (Lithium Iron Phosphate) cells of 63kWh integrated by EVE SYSTEM and Alternatives Energies and 42 m2 of “slim” type solar panels that can provide up to 6145 W. This energy mix allows to take advantage of all the embarked renewable energies (solar, wind).
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