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Default BRP Cuts Production, Workforce

Canuck57 wrote:
"HK" wrote in message
m...

As a result, some 550 white-collar jobs will be eliminated, 80 percent of
which will take place this month with another 20 percent over the next
nine months. BRP already laid-off some 370 bluecollar employees in its
third quarter ended Oct. 31, and another 430 blue-collar employees have
received temporary lay-off notices in the fourth quarter. This workforce
reduction involves all BRP divisions, the company reported.
Advertisement


Maybe some will start up a new company and compete with the parent. This
industry could use some competition in Canada. Bombardier routinely prices
Canadian products 30% more in Canada even considering exchange.

Anything going on at Bruinswick?




Yeah, right, someone is going to start up a new outboard motor and
jetski manufacturing company to compete at a serious level with
Bombardier at the same time motorized recreational vehicle manufacturers
around the world are going teats-up.
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Default BRP Cuts Production, Workforce


"HK" wrote in message
m...
Canuck57 wrote:
"HK" wrote in message
m...

As a result, some 550 white-collar jobs will be eliminated, 80 percent
of which will take place this month with another 20 percent over the
next nine months. BRP already laid-off some 370 bluecollar employees in
its third quarter ended Oct. 31, and another 430 blue-collar employees
have received temporary lay-off notices in the fourth quarter. This
workforce reduction involves all BRP divisions, the company reported.
Advertisement


Maybe some will start up a new company and compete with the parent. This
industry could use some competition in Canada. Bombardier routinely
prices Canadian products 30% more in Canada even considering exchange.

Anything going on at Bruinswick?


Yeah, right, someone is going to start up a new outboard motor and jetski
manufacturing company to compete at a serious level with Bombardier at the
same time motorized recreational vehicle manufacturers around the world
are going teats-up.


Would not be hard to compete with Bombardier or Bruinswick. They are
typical fat, lethargic, misrun multi-national on corporates welfare. Not
really going anywhere but down. Certainly no one is buying their products
like they used to. Me, I am delaying my boat purchase indefinitely. Will
just rent them.



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Default BRP Cuts Production, Workforce

On Sun, 8 Mar 2009 10:37:43 -0600, "Canuck57"
wrote:

Me, I am delaying my boat purchase indefinitely. Will
just rent them.


Power boats are hellaciouly expensive to rent whenever I've looked.
Still a good option if you boat infrequently.

--Vic
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Default BRP Cuts Production, Workforce


"Vic Smith" wrote in message
...
On Sun, 8 Mar 2009 10:37:43 -0600, "Canuck57"
wrote:

Me, I am delaying my boat purchase indefinitely. Will
just rent them.


Power boats are hellaciouly expensive to rent whenever I've looked.
Still a good option if you boat infrequently.

--Vic


Not really, say I rent one for $200/day for 6 days. That is $1200. Since I
don't have to tow it, less wear and tear with less fuel consumption. But I
will for arguments sake forget these points.

Now for a bass boat and trailer new, budget is $20,000 USD, in Canada that
would be about $40,000 CAD (not a very competative market).

If I put $40,000 into an investment yeilding 5%, 40% goes to taxes, that
leaves $1000. And say depreciation and maintenance is 10% of the total for
$4000, making $5000 per year.

Seems like owning is only viable if you are a resident on a waterway with
lots of time off. If you are 2-3 weeks renting is better.


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Default BRP Cuts Production, Workforce

Canuck57 wrote:
"Vic Smith" wrote in message
...
On Sun, 8 Mar 2009 10:37:43 -0600, "Canuck57"
wrote:

Me, I am delaying my boat purchase indefinitely. Will
just rent them.

Power boats are hellaciouly expensive to rent whenever I've looked.
Still a good option if you boat infrequently.

--Vic


Not really, say I rent one for $200/day for 6 days. That is $1200. Since I
don't have to tow it, less wear and tear with less fuel consumption. But I
will for arguments sake forget these points.

Now for a bass boat and trailer new, budget is $20,000 USD, in Canada that
would be about $40,000 CAD (not a very competative market).

If I put $40,000 into an investment yeilding 5%, 40% goes to taxes, that
leaves $1000. And say depreciation and maintenance is 10% of the total for
$4000, making $5000 per year.

Seems like owning is only viable if you are a resident on a waterway with
lots of time off. If you are 2-3 weeks renting is better.




Being one of the "Democratic socialists" you admire so much, I bought my
last half-dozen new boats for cash. I don't worry much about
depreciation on toys. I did manage to sell my 25' Parker for just a
little less than I paid for it, and after five years. Didn't take long,
either.

But...I do agree with your philosophy of boat rental. Makes sense if you
can rent what you want when you want to rent. Around here, it is fairly
easily to rent sailboats and trawler-type power boats.



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Default BRP Cuts Production, Workforce

On Mar 8, 1:15*pm, HK wrote:
Canuck57 wrote:
"Vic Smith" wrote in message
.. .
On Sun, 8 Mar 2009 10:37:43 -0600, "Canuck57"
wrote:


*Me, I am delaying my boat purchase indefinitely. *Will
just rent them.
Power boats are hellaciouly expensive to rent whenever I've looked.
Still a good option if you boat infrequently.


--Vic


Not really, say I rent one for $200/day for 6 days. *That is $1200. *Since I
don't have to tow it, less wear and tear with less fuel consumption. *But I
will for arguments sake forget these points.


Now for a bass boat and trailer new, budget is $20,000 USD, in Canada that
would be about $40,000 CAD (not a very competative market).


If I put $40,000 into an investment yeilding 5%, 40% goes to taxes, that
leaves $1000. *And say depreciation and maintenance is 10% of the total for
$4000, making $5000 per year.


Seems like owning is only viable if you are a resident on a waterway with
lots of time off. *If you are 2-3 weeks renting is better.


Being one of the "Democratic socialists" you admire so much, I bought my
last half-dozen new boats for cash. I don't worry much about
depreciation on toys. I did manage to sell my 25' Parker for just a
little less than I paid for it, and after five years. Didn't take long,
either.

But...I do agree with your philosophy of boat rental. Makes sense if you
can rent what you want when you want to rent. Around here, it is fairly
easily to rent sailboats and trawler-type power boats.- Hide quoted text -

- Show quoted text -


Krausie, Old Fella, I know you've owned so many boats that it must be
hard for you to remember all. But why don't you try for us and list
the ones you can remember.
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Default BRP Cuts Production, Workforce

On Mar 9, 11:54*am, GC Boater wrote:
On Mar 8, 1:15*pm, HK wrote:





Canuck57 wrote:
"Vic Smith" wrote in message
.. .
On Sun, 8 Mar 2009 10:37:43 -0600, "Canuck57"
wrote:


*Me, I am delaying my boat purchase indefinitely. *Will
just rent them.
Power boats are hellaciouly expensive to rent whenever I've looked.
Still a good option if you boat infrequently.


--Vic


Not really, say I rent one for $200/day for 6 days. *That is $1200. *Since I
don't have to tow it, less wear and tear with less fuel consumption. *But I
will for arguments sake forget these points.


Now for a bass boat and trailer new, budget is $20,000 USD, in Canada that
would be about $40,000 CAD (not a very competative market).


If I put $40,000 into an investment yeilding 5%, 40% goes to taxes, that
leaves $1000. *And say depreciation and maintenance is 10% of the total for
$4000, making $5000 per year.


Seems like owning is only viable if you are a resident on a waterway with
lots of time off. *If you are 2-3 weeks renting is better.


Being one of the "Democratic socialists" you admire so much, I bought my
last half-dozen new boats for cash. I don't worry much about
depreciation on toys. I did manage to sell my 25' Parker for just a
little less than I paid for it, and after five years. Didn't take long,
either.


But...I do agree with your philosophy of boat rental. Makes sense if you
can rent what you want when you want to rent. Around here, it is fairly
easily to rent sailboats and trawler-type power boats.- Hide quoted text -


- Show quoted text -


Krausie, Old Fella, I know you've owned so many boats that it must be
hard for you to remember all. *But why don't you try for us and list
the ones you can remember.- Hide quoted text -

- Show quoted text -


Come on Krausie, inquiring minds want to know the boats you've owned.
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Default BRP Cuts Production, Workforce

On Mar 8, 1:15*pm, HK wrote:
Canuck57 wrote:
"Vic Smith" wrote in message
.. .
On Sun, 8 Mar 2009 10:37:43 -0600, "Canuck57"
wrote:


*Me, I am delaying my boat purchase indefinitely. *Will
just rent them.
Power boats are hellaciouly expensive to rent whenever I've looked.
Still a good option if you boat infrequently.


--Vic


Not really, say I rent one for $200/day for 6 days. *That is $1200. *Since I
don't have to tow it, less wear and tear with less fuel consumption. *But I
will for arguments sake forget these points.


Now for a bass boat and trailer new, budget is $20,000 USD, in Canada that
would be about $40,000 CAD (not a very competative market).


If I put $40,000 into an investment yeilding 5%, 40% goes to taxes, that
leaves $1000. *And say depreciation and maintenance is 10% of the total for
$4000, making $5000 per year.


Seems like owning is only viable if you are a resident on a waterway with
lots of time off. *If you are 2-3 weeks renting is better.


Being one of the "Democratic socialists" you admire so much, I bought my
last half-dozen new boats for cash. I don't worry much about
depreciation on toys. I did manage to sell my 25' Parker for just a
little less than I paid for it, and after five years. Didn't take long,
either.

But...I do agree with your philosophy of boat rental. Makes sense if you
can rent what you want when you want to rent. Around here, it is fairly
easily to rent sailboats and trawler-type power boats.- Hide quoted text -

- Show quoted text -



Boats owned by Krause, as he listed them:

"Here are some [of the boats I've owned]:

Hatteras 43' sportfish
Swan 41' racing/cruising sloop
Morgan 33
O'Day 30
Cruisers, Inc., Mackinac 22
Century Coronado
Bill Luders 16, as sweet a sailboat as ever caught a breeze.
Century 19' wood lapstrake with side wheel steering
Cruisers, Inc. 18' and 16' wood lapstrakes
Wolverines. Molded plywood. Gorgeous. Several. 14,15,17

footers
with various
Evinrudes
Lighting class sailboat
Botved Coronet with twin 50 hp Evinrudes. Interesting boat.
Aristocraft (a piece of junk...13', fast, held together with

spit)
Alcort Sunfish
Ancarrow Marine Aquiflyer. 22' footer with two Caddy

Crusaders.
Guaranteed 60
mph. In the late 1950's.
Skimmar brand skiff
Arkansas Traveler fiberglass bowrider (I think it was a

bowrider)
Dyer Dhow
Su-Mark round bilge runabout, fiberglass
Penn Yan runabouts. Wood.
Old Town wood and canvas canoe
Old Town sailing canoe...different than above canoe

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Default BRP Cuts Production, Workforce

On Sun, 8 Mar 2009 12:07:27 -0600, "Canuck57"
wrote:


"Vic Smith" wrote in message
.. .
On Sun, 8 Mar 2009 10:37:43 -0600, "Canuck57"
wrote:

Me, I am delaying my boat purchase indefinitely. Will
just rent them.


Power boats are hellaciouly expensive to rent whenever I've looked.
Still a good option if you boat infrequently.

--Vic


Not really, say I rent one for $200/day for 6 days. That is $1200. Since I
don't have to tow it, less wear and tear with less fuel consumption. But I
will for arguments sake forget these points.

I'd call 6 days infrequent. Renting is best.

Now for a bass boat and trailer new, budget is $20,000 USD, in Canada that
would be about $40,000 CAD (not a very competative market).

Apples and oranges. The $20,000 bass probably boat won't rent for
$200 a day.
Here's some rentals close to where I would go.
Looks like rental prices are down quite a bit from last I looked.
I assume boat prices are too, especially used.
http://www.thefishtalemarina.com/boat-rentals.html
http://holidazeboatrental.com/Rates.htm

If I put $40,000 into an investment yeilding 5%, 40% goes to taxes, that
leaves $1000. And say depreciation and maintenance is 10% of the total for
$4000, making $5000 per year.

Some things don't translate well to dollars and cents without thorough
exploration.
For instance, buying used, having the boat you want, availability,
length of ownership, etc.

Seems like owning is only viable if you are a resident on a waterway with
lots of time off. If you are 2-3 weeks renting is better.

Fair enough. Personally, taking it at the outside of 3 weeks rental =
21 days = a minimum of $4200 a year, I wouldn't see renting as very
attractive. But different strokes.

--Vic


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