Purchasing a large recreational vessel like a yacht is certainly a big expense for you, but the joy and pleasure you will get from the time you, your family, and your friends get to spend out on the water. There are always expenses that you will need to consider that go along with purchase, and…
According to Canadian law, if you own a commercial vessel you need to register it with Transport Canada. The laws for pleasure vessels differ slightly, and while you must license your vessel, registration is not a mandatory process you must go through. There are some benefits to registration that may make it appeal to you,…
When you own and operate a large commercial vessel, you take on a great deal of responsibility. You need to make sure your crew and anyone else aboard the ship is safe and taken care of. You also need to make sure everything about your ship is up to current regulations. In Canada, the regulations…
When you own a commercial boat in Canada, there are regulations that you need to comply with. That way you can get your vessel in the water and operational. As a first-time owner, it’s important that you familiarize yourself with all the regulations that you need to adhere to. Thus, you can be sure your…