The updated DiscoverBoating.com website features an updated design and focuses on boat-related activities such as fishing, sailing, powerboat cruising and watersports. The web site also offers the Boating Affordability Tool/Budget Planner and a humorous Spousal Conversion Kit. The DiscoverBoating.com web site is part of the Grow Boating Initiative, which promotes the boating lifestyle and improves [...]

The Royal Bank of Canada (RBC) Capital Markets found that domestic boat sales are down about 25 percent at retail, year-to-date, in new sport boats and smaller cruisers. The company reported that lender loss rates are rising despite more conservative lending practices, resulting in tighter standards. Analysts also suggested that promotional pricing wasn’t a motivating [...]