Le Boat reports its financial impact on region after first season on the Rideau
At the Economic Development Committee meeting of Lanark County Council of March 27, representatives from the LeBoat boating holidays firm gave an update on their first year of operation in Canada and provided some insight into their impact on the local economy.
Cheryl Brown, managing director told council that Leboat had an amazing first season in Smiths Falls on the Rideau Canal system . While the majority of clients were Canadian, 35% came from Europe where Leboat has been a major operator for 50 years. She reported that her boating customers here spent over $1.6M dollars in our area and her economic forecast predicts that figure will grow to $12.5M over the next 5 years.
They will add 4 new luxury 5-cabin craft to their current fleet of 16 this year and plan on adding 4 more every year to 2024.
Her European clients were most impressed with the Rideau waterway and the friendliness of Canadians they met as well as their eagerness to share and promote all the great features of our area.
A satellite port will be added in Seeley’s Bay this season.
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