Le Lézard
Classified in: Tourism and vacations, Mining industry, Transportation, Business
Subjects: ECO, FOR, TRD

New US Tariffs Will Hurt RV Users


RICHMOND, BC, May 31, 2018 /CNW/ - Today, the Recreation Vehicle Dealers Association (RVDA) of Canada highlighted how American tariffs on Steel and Aluminum will increase the cost of manufacturing RVs, ultimately hurting consumers on both sides of the border.

"About half of the materials for an American-made RV come from Canada, including steel and aluminum. These materials are imported into the United States from Canada, where RVs are manufactured," said Jean-Francois Lussier, chair of RVDA. "This will inevitably mean increased costs for RVs, punishing consumers in the United States and in Canada."

RVing and camping in Canada has a considerable economic impact. The manufacturing, purchasing, servicing and use of recreation vehicles contributes billions to the Canadian economy each year. In 2017 the RV sector generated an estimated 66,000 jobs and delivered $4.7 billion in added value to the Canadian economy from an initial expenditure of $6.1 billion. 95% of RVs sold in Canada are imported from the United States.

"Our industry, like most in North America, has benefitted from the integrated North American Market that NAFTA has created," continued Lussier. "Major disruptions, such as will be brought by steel and aluminum tariffs, will have serious repercussions for our industry."

The RVDA has supported the whole of government, multi-partisan approach to NAFTA negotiations. A renewed NAFTA that continues to allow the free flow of goods within North America will provide great benefit to all countries, as well as the RV industry.

"While we condemn these unnecessary new tariffs, we hope that the government continues to work towards completing NAFTA negotiations in an expedient matter," concluded Lussier. "NAFTA has provided clear benefit to the RV industry, and its continuation is critical for continued growth."

The Recreation Vehicle Dealers Association of Canada is a national, volunteer federation
of provincial and regional RVDA associations and their members,  who have united to form a professional trade association
for all businesses involved in the recreation vehicle industry.

 

SOURCE Recreation Vehicle Dealers Association of Canada


These press releases may also interest you

at 12:50
Today, Alterra Mountain Company has announced the closing of the purchase of Mike Wiegele Helicopter Skiing (MWHS) in Blue River, British Columbia, Canada, further expanding the company's premium heli-skiing portfolio, complementing CMH Heli-Skiing &...

at 12:40
Joby Aviation, Inc. , a company developing all-electric aircraft for commercial passenger service, today announced it has signed a multilateral Memorandum of Understanding (MoU) with the Department of Municipalities and Transport - Abu Dhabi (DMT),...

at 12:34
Honda to strengthen electric vehicle (EV) supply system and capability with an eye toward a future increase in EV demand in North AmericaHonda to support global initiative to make BEVs and FCEVs represent 100% of vehicle sales by 2040 by investing...

at 12:17
Award-winning digital news brand UrbanGeekz has teamed up with Black-owned ride-hailing app Moovn to share its content with passengers on the move....

at 11:40
The "Aircraft Fuel Cells Market - A Global and Regional Analysis: Focus on Aircraft Type, Fuel Type, Power Output, and Country-Level Analysis - Analysis and Forecast, 2023-2033" report has been added to ResearchAndMarkets.com's offering. The global...

at 11:30
Toyota will prepare for assembly of an all-new, three row battery electric SUV in the U.S. as part of a new $1.4 billion investment in its Princeton facility, affirming Toyota's commitment to reinvesting profits in its U.S. operations and bringing...



News published on and distributed by: