Dividing the Economic Effects by Region
Regional Economic Impact of Recreational Boating [$ millions]
Atlantic Region 1,149.4
British Columbia 3,320.4
The study shows that Canadians bought 65,938 new recreational boats in 2006,
spending $1.85 billion in total. Also, 8% of Canadians who don’t currently have a
boat say they plan to purchase one in “the next three years.” And, $1 million spent
on new boat purchases in Canada generated $1.46 million in real gross domestic
product and created 22 new jobs, with an average salary of $44,806.
Types of Boats
Estimated Canadian New Boat Sales [units]
Human Powered Boats
Stern Drive Boats
Boat Manufacturing in Canada
Canadian boat manufacturers employed 6,575 people. These employees built boats
worth $1.7 billion wholesale. Of that $1.7 billion, $600 million were exports. The
average salary paid to the people employed by the manufacturers, including benefits,
Manufacturing by Region
Total Canadian boat manufacturing of $1,734 million, plus other manufacturing of
$243 million, gives a total of $1,977 million.
Total Boat Manufacturing Revenues [$ millions]
In particular, credible economic data is essential to establish the value and
importance of recreational boating’s own interests and points of view in situations where land development, environmental and water access legislative
changes are anticipated.
In their 2006 Summary Report, the authors portray that the big picture of recreational boating expenditures of $15.6 billion, resulting in major impacts to the
Canadian economy of more than 373,000 jobs, $17.5 billion in wages and salaries,
$3.3 billion in sales and excise taxes (paid to various levels of government) and overall economic activity totalling $26.8 billion.