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| Viewing Page 1 of 1 (Total Posts: 5) |
| Author | Comment |
Doug Mac Donald
 Oct 21, 07 - 12:08 PM |
Canadian issues in regards to charter ownership
Hello, would like to hear from Canadian Charter boat owners. I am thinking of purchasing a Charter boat in the near future and would like to know of any pit falls expierenced by Canadians Charter boat owners. Thanks Doug |
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mike
Oct 29th, 2007 - 5:34 PM |
Re: Canadian issues in regards to charter ownership
I am also looking at buying a boat and live in Ottawa. Are you interested in joint ownership? I have chartered with almost all the companies and like Horizon Yacht Charters. I am considering the Jenneau 54DS, a very nice boat. Let me know if you are interested. |
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Tim
May 3rd, 2008 - 4:51 PM |
Re: Canadian issues in regards to charter ownership
Hi Doug, The only real issue I have found is the exchange rate fluctuations. All the majors deal in US$ only. Now that the C$ is at par, its ok, but I pity the Canadians that bought in 5 years ago. You also get cheques in US$, so you may want to put them in a US$ account or other investment until the rates are better to convert back. Converting larger amounts also gets you a better exchange. Tim |
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perigee
Jul 9th, 2008 - 10:14 AM |
Re: Canadian issues in regards to charter ownership
Hello Doug, I currently live in Atlantic Canada and thought about doing something similar. Just wondering if you thought about what to do with your boat in the winter time? I think the season for Canada is way too short to make serious money and to be able to sustain a charter business. I am currently trying to find out if I can buy a boat in the US, have her in Canada for the summer and then sail her back to Florida for the winter and put her into a charter program down there until early spring, when I would sail her back to Canada. Please let me know if you considered any of the above. cheers, perigee |
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Tony
Jul 13th, 2008 - 9:44 PM |
Re: Canadian issues in regards to charter ownership
"make serious money"  Never going to happen. Realistic expectations are:1. maybe a flight a year to/from the boat 2. maybe a bit of beer money 3. break even. sorry - but that's the way it is. Tony |
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