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Wave of consumer demand may cause boat shortage in 2021

  TORONTO For the first time in its 62-year-history, the Toronto International Boat Show has gone online. More than 20,000 people have already registered to take part in the virtual boat show, which is about the same number that usually attends in person. Due to the pandemic, boat sales are up. “The pandemic certainly brought people out of the city to our waterways and to cottages. Boating is definitely a safe type of lifestyle,” said Linda Waddell, show director of the Toronto International Boat Show. A Canadian boating survey found that Ontario boat dealers saw an increase in boat sales of 26 per cent in 2020 over the year before. There was also an increase in rentals and leases of boats of 17 per cent over the previous year.

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