Economic Snapshot: Canadian economy enters recession

The Canadian economy shrank in the second quarter, putting the country in a recession for the first time since the financial crisis of 2008-2009, Reuters reports. Gross domestic product contracted at an annualized rate of 0.5 percent in the second quarter, according to Statistics Canada. While this was better than the original forecast, the first […]
Boating Industry

Florida Yachts Brokers Association aims to boost marine economy through legislative change

The Florida Yacht Brokers Association and attorneys and lobbyists with Becker & Poliakoff are engaging in an industry effort to amend current legislation hindering the sale of foreign-flagged yachts in the U.S. Under Title 19 CFR ยง 4.94, foreign-flagged boats can obtain a cruising license in the U.S., with the caveat that the vessel is […]
Boating Industry