Vessel Tariff Could Prove Costly for Industry

Canada’s $10-billion recreational boating industry is caught in the middle of a trade war with its powerful neighbour to the south. As trade talks between Canada and the United States continued on a downward spiral this past spring, U.S. President Donald Trump lived up to an earlier threat and slapped a 25 per cent tariff on steel and a 10 per cent tariff on aluminum from Canada. While it is more than reasonable for Canada to retaliate to these tariffs, what is questionable and seemin...