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Boat Building Industry In Ontario
Boat building has been a part of the history of Ontario, Canada for thousands of years. From the hand-crafted birch bark canoes of the indigenous people to modern factory-built speedboats, the construction of small boats for fishing, transportation and later water sports has been a widespread commercial activity in the province."Riding the waves: Canadian boat builders are on the rebound"
''Cottage Life'', By Douglas Hunter. June 12, 2017


History

A study of the geography of the province reveals the presence of over 250,000 lakes and a large number of connecting waterways. About 17% of the area inside the province's boundaries is covered by water. Until European settlers began constructing road systems, beginning in the late 1700s, most of what is now Ontario was co ...
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Ontario, Canada
Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central Canada, it is Canada's most populous province, with 38.3 percent of the country's population, and is the second-largest province by total area (after Quebec). Ontario is Canada's fourth-largest jurisdiction in total area when the territories of the Northwest Territories and Nunavut are included. It is home to the nation's capital city, Ottawa, and the nation's most populous city, Toronto, which is Ontario's provincial capital. Ontario is bordered by the province of Manitoba to the west, Hudson Bay and James Bay to the north, and Quebec to the east and northeast, and to the south by the U.S. states of (from west to east) Minnesota, Michigan, Ohio, Pennsylvania, and New York. Almost all of Ontario's border with the Unite ...
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Naden Boats
Naden Boats is a line of aluminum fishing boats manufactured in Canada by Temagami Boat Manufacturing Inc. Six models are offered, ranging from 11’11" to 16’ in overall length. They are noted for their expanded polystyrene flotation, rigid construction, and semi-V planing hull with five keels. History Webster City, Iowa, USA: 1955-1972 Naden Industries, a company in Webster City, Iowa, built the first Naden boat in 1955. Made from aluminum, the hull design was a semi-V bottom. By 1964, eight models were offered: The factory was located at 505 Fair Ave. From its founding in 1935 (as Naden and Sons Electric Scoreboard Company), Naden Industries’ primary business was the manufacturing of electric scoreboards. By the early 1970s, Naden was selling most of its boats to Canadian customers. Naden stopped manufacturing boats in 1972 and spoke to one of its Canadian dealers to see if it would be interested in taking over the boat line. Vermilion Bay, Ontario, Canada: 1974-2011 ...
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Transport In Ontario
Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central Canada, it is Canada's most populous province, with 38.3 percent of the country's population, and is the second-largest province by total area (after Quebec). Ontario is Canada's fourth-largest jurisdiction in total area when the territories of the Northwest Territories and Nunavut are included. It is home to the nation's capital city, Ottawa, and the nation's most populous city, Toronto, which is Ontario's provincial capital. Ontario is bordered by the province of Manitoba to the west, Hudson Bay and James Bay to the north, and Quebec to the east and northeast, and to the south by the U.S. states of (from west to east) Minnesota, Michigan, Ohio, Pennsylvania, and New York. Almost all of Ontario's border with the United States follows ...
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Economy Of Ontario
The economy of Ontario is diversified. Ontario is the largest economy in Canada, making up around 38% of Canadian GDP. Though manufacturing plays an important role in Ontario's economy responsible for 12.6% of Ontario's GDP, the service sector makes up the bulk, 77.9%, of the economy. Ontario's net debt-to-GDP ratio will rise to 40.7% in the year 2019–2020. Ontario is the most populous province of Canada, with a population of approximately 14.19 million permanent residents in 2017. It is Canada's leading manufacturing province, accounting for 46% of the manufacturing GDP in 2017. The CPI inflation of the province in 2018 was confirmed to 2.2%, with the unemployment rate at 5.6% as of January 2019. This unemployment rate is based on the 447,400 unemployed people in Ontario. As of 2018, the province's credit rating A credit rating is an evaluation of the credit risk of a prospective debtor (an individual, a business, company or a government), predicting their ability to pay ...
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Boat Building
Boat building is the design and construction of boats and their systems. This includes at a minimum a hull, with propulsion, mechanical, navigation, safety and other systems as a craft requires. Construction materials and methods Wood Wood is the traditional boat building material used for hull and spar construction. It is buoyant, widely available and easily worked. It is a popular material for small boats (of e.g. length; such as dinghies and sailboats). Its abrasion resistance varies according to the hardness and density of the wood and it can deteriorate if fresh water or marine organisms are allowed to penetrate the wood. Woods such as Teak, Totara and some cedars have natural chemicals which prevent rot whereas other woods, such as Pinus radiata, will rot very quickly. The hull of a wooden boat usually consists of planking fastened to frames and a keel. Keel and frames are traditionally made of hardwoods such as oak while planking can be oak but is more often softw ...
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Grew Manufacturing
Grew Manufacturing was a Canadian company that manufactured boats from 1882 to 2011. It started as Gidley Boat Works on the shores of Georgian Bay. In the late 1920s, Arthur Grew, a master boat maker from Penetangushine, took over the business and changed its name. The company grew and modernized its product line, eventually switching from wood construction to fibreglass lamination. Grew Manufacturing built its boats in advanced facilities in Ontario, under the brands Grew, Cutter and Profisher.{{cite web, url=https://www.grewboats.com/, title=Grew Boats, access-date=2023-12-10, website=grewboats.com The company faced financial difficulties due to the 2008 recession and the exchange rate fluctuations. In 2011, the company had about 25 employees, but also had debts of more than $2 million and about 100 creditors. The owner and president, David Cameron, died in a shootout with the police in February 2011, after injuring the sales manager, Don Vanderstadt, with a gun. The family tried t ...
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Exchange Rate
In finance, an exchange rate is the rate at which one currency will be exchanged for another currency. Currencies are most commonly national currencies, but may be sub-national as in the case of Hong Kong or supra-national as in the case of the euro. The exchange rate is also regarded as the value of one country's currency in relation to another currency. For example, an interbank exchange rate of 114 Japanese yen to the United States dollar means that ¥114 will be exchanged for or that will be exchanged for ¥114. In this case it is said that the price of a dollar in relation to yen is ¥114, or equivalently that the price of a yen in relation to dollars is $1/114. Each country determines the exchange rate regime that will apply to its currency. For example, a currency may be floating, pegged (fixed), or a hybrid. Governments can impose certain limits and controls on exchange rates. Countries can also have a strong or weak currency. There is no agreement in the econ ...
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Great Recession
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. One result was a serious disruption of normal international relations. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system, along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012. When housing prices fell and homeowners began to abandon their mortgages, the value of mortgage-backed securities held by investment banks declined in 2007–2008, causing several to collapse or be bailed out in September 2008. This 2007–2008 phase was called the subprime mortgage crisis. ...
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Parry Sound, Ontario
Parry Sound is a town in Ontario, Canada, located on the eastern shore of the sound after which it is named. Parry Sound is located south of Sudbury and north of Toronto. It is a single tier government located in the territorial District of Parry Sound which has no second tier County, Regional or District level of government. Parry Sound is a popular cottage country region for Southern Ontario residents. It also has the world's deepest natural freshwater port. History During the early part of the 20th century, the area was a popular subject for the many scenic art works of Tom Thomson and members of the Group of Seven. There was a slight decline in economic activity shortly after World War I with J.R. Booth's construction of a rival town, Depot Harbour on nearby Parry Island, but this setback was overcome through later developments in tourism and commerce, and the accidental destruction by fire of the entire town of Depot Harbour on August 14, 1945. The body of water ...
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Aluminum
Aluminium (aluminum in American and Canadian English) is a chemical element with the symbol Al and atomic number 13. Aluminium has a density lower than those of other common metals, at approximately one third that of steel. It has a great affinity towards oxygen, and forms a protective layer of oxide on the surface when exposed to air. Aluminium visually resembles silver, both in its color and in its great ability to reflect light. It is soft, non-magnetic and ductile. It has one stable isotope, 27Al; this isotope is very common, making aluminium the twelfth most common element in the Universe. The radioactivity of 26Al is used in radiodating. Chemically, aluminium is a post-transition metal in the boron group; as is common for the group, aluminium forms compounds primarily in the +3 oxidation state. The aluminium cation Al3+ is small and highly charged; as such, it is polarizing, and bonds aluminium forms tend towards covalency. The strong affinity towards ox ...
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Canoe
A canoe is a lightweight narrow water vessel, typically pointed at both ends and open on top, propelled by one or more seated or kneeling paddlers facing the direction of travel and using a single-bladed paddle. In British English, the term ''canoe'' can also refer to a kayak, while canoes are called Canadian or open canoes to distinguish them from kayaks. Canoes were developed by cultures all over the world, including some designed for use with sails or outriggers. Until the mid-19th century, the canoe was an important means of transport for exploration and trade, and in some places is still used as such, sometimes with the addition of an outboard motor. Where the canoe played a key role in history, such as the Northern United States, Canada, and New Zealand, it remains an important theme in popular culture. Canoes are now widely used for competition and pleasure, such as racing, whitewater, touring and camping, freestyle and general recreation. Canoeing has been part ...
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Vermilion Bay, Ontario
Vermilion Bay is an unincorporated community on Vermilion Bay on Eagle Lake in the township of Machin, Kenora District in northwestern Ontario, Canada. It is located on Ontario Highway 17 (Trans-Canada Highway) between the cities of Kenora to the west and Dryden to the east. History Archives of the Hudson's Bay Company , which had a post on Eagle Lake, refer to Vermilion Station on the Canadian Pacific Railway. In 1881, Vermilion Bay was a construction camp where railway workers were based. In 1902, Vermilion Bay station was used to send material to the ongoing construction of the Grand Trunk Pacific Railway (later to become part of Canadian National Railway). In 1903, a one-room school was built, and the township was first surveyed in 1906. The early 1900s also saw gold and soapstone mining taking place on the southwest shore of Eagle Lake, with Vermilion Bay used as a supply centre. The 1930s saw activity with the construction of the Trans-Canada Highway, and the 1940s were b ...
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