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Article: Dollar slide helps U.S. yards; Jonesporter is keeping busy.(North)
- Article from:
- National Fisherman
- Article date:
- February 1, 2005
- Author:
CopyrightCOPYRIGHT 2005 Diversified Publications. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Every year, New England fishermen have been taking advantage of a favorable Canadian exchange rate for the U.S. dollar by going to Canada's Atlantic maritime provinces to buy boats. Needless to say, Canadians were not coming to the States to buy boats.
But in the past few months, the U.S. dollar has weakened against the Canadian currency and now a few Canadian fishermen are thinking about going south to have their boat built. One of them, Paul Boyle of Prince Edward Island, is having a Holland 38--that will be stretched to 40 feet with a stern extension--built at Holland's Boat Shop in Belfast, Maine. Boyle told Glenn Holland, the boatyard's owner, that "The ...