New NMMA study shows recreational boating contributed significantly to Canada’s economy in 2016

May 17th, 2017 / By: / Industry News, News

The National Marine Manufacturers Association (NMMA) Canada released a new study outlining the economic impact of recreational boating in Canada. In 2016, the influence of the recreational boating industry in Canada resulted in revenues estimated at $10 billion that generated $5.6 billion in GDP and supported nearly 75,000 jobs throughout the country.

The study’s release coincides with the fifth annual Recreational Boating Day on the Hill in Ottawa. Day on the Hill is a gathering of leaders from all sectors of the Canadian recreational boating industry on Parliament Hill to advocate on behalf of the industry’s 4,792 Canadian marine companies. The annual legislative event provides the marine industry an opportunity to communicate with Parliamentarians on key issues impacting recreational boating. To download the full report, please visit https://www.nmma.org/statistics/publications/statistical-abstract-canada.

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