EMD Board Meeting Canadian Update Sara Anghel Executive Director / VP GR, NMMA Canada February 16, 2011

2 Environment Canada and New Engine Emissions Regulations Met with key staff at Environment Canada (EC) throughout 2010 The new target dates for these regulations are as follows: –Outboard, PWC, and Stern drive/Inboard up to 500 Hp – January1, 2012 –Stern drive/Inboard over 500 Hp - January 1, 2013 –Boat Evaporative Emissions Systems - January 1, 2015 Regulation published today!

3 Statistical Abstract for Canada Transport Canada has collected registration data dating back to Produce a monthly report outlining –Type of boat; size, propulsion, province NMMA Canada will have access to the data in 2011 NMMA Canada will create a Statistical Abstract for Canadian recreational marine industry by fall 2011 High level engine statistics will be reported for Canada

Dealer Floorplan Financing Canadian government announced: –$500 million towards a new Vehicle and Equipment Financing Partnership (to be run by Business Development Bank of Canada) –This program will expand financing options for small and medium-sized finance and leasing companies, increasing the availability of credit at market rates for dealers and users of vehicles and equipment They have built it…but will they come???? Details of program not announced

Trade Opportunities Global Opportunities for Associations Program –$2.3 million annual program –NMMA will apply for support of a Trade mission to exploratory markets (Dubai, China, Europe boat shows) –Government funds up to 50% of the mission Free trade agreements being negotiated between Canada and: – Europe – to be implemented by 2012/ 2013 –India Canada has free trade agreements in place with: –Columbia; Jordon, Panama, Peru 5