Luxury Tax Removed: A Win for Boaters Who Invest in Quality

The federal luxury tax on boats has officially been dropped as of November 4,2025.

If you’ve been thinking about a new boat, one of the biggest added costs is now gone, putting more of your investment where it should be: into quality, performance, and time on the water. When the tax was introduced, it made ownership harder for customers, builders, and dealers across Canada. Its removal is a win for the entire marine industry and for boaters who expect and deserve real value for what they spend.

Here’s what this means for buyers:

A more meaningful investment. With the tax gone, every dollar now goes toward craftsmanship, capability, and features that actually enhance your time on the water. It’s the right moment to choose the model and setup that truly fits your lifestyle.

Ideal timing. As we approach the end of 2025, now is the time to plan ahead and make sure your next boat is water-ready for spring. Buying now gives you full access to inventory, customization options, and rigging schedules before they fill up.

Industry strength. Removing this tax supports Canadian builders, dealers, and service teams, helping keep the quality, service, and expertise you rely on strong for years to come.

At Gibbons Motor Toys, we work with boaters who expect and deserve the best in craftsmanship, reliability, and performance. If you’ve been waiting for the right time to move forward, this is it.

Visit us in Gibbons or Salmon Arm to explore what’s available now and what’s coming for 2026.