The Recreation Vehicle Industry Association commissioned an Economic Impact Study on the RV industry, released on June 7, 2016. The study found that the RV industry contributes about $49.7 billion in economic output or 0.28 percent of the Gross Domestic Product. Through its production and distribution linkages, the industry impacts firms in 426 of the 440 sectors of the United States economy.
Nationwide, the industry is responsible for 216,170 jobs, both directly and inderectly, creating an economic impact of $37.5 billion. The full study results, along with each individual state and congressional district's economic impact is available on the website by clicking here .
Mon Oct 17, 2016
Burlington, Ontario - The House of Commons Standing Committee on Finance has invited the Canadian Camping and RV Council (CCRVC), to appear before the Committee in Charlottetown, Prince Edward Island, (at the Delta Prince Edward Hotel) on Tuesday, Oct. 18, in view of its study of the Pre-Budget Consultations in Advance of Canadian Federal Budget in 2017.
A report on the consultations will be tabled in December 2016. The suggestions made by Canadians, including CCRVC’s submission on Oct. 18, will be considered by the Minister of Finance as the 2017 Federal Budget is developed.
Earlier this year, a number of campgrounds in Canada were told that they no longer qualify for the small business tax rate of 15 percent and were re-assessed by the Canada Revenue Agency at the large corporate rate of 45 percent. The Canadian Camping and RV Council has indicated that up to 75 percent of the 2,347 Private Campgrounds across Canada may be impacted jeopardizing their financial viability.
Canadian Camping and RV Council’s five-minute presentation to the Finance Committee will include a financial background on the Canadian Camping Industry, a summary of the tax issue, a description of the financial impact to Canadian Tourism and Economy and will conclude summarizing potential solutions for consideration. There may be questions from the Finance Committee directed to CCRVC after all presentations have concluded.
Shane Devenish, Executive Director of the Canadian Camping and RV Council will appear on behalf of CCRVC and will be joined by Wayne Hambly, current President of P.E.I Home & RV Centre and a former Chairman of the RVDA of Canada.
Interested individuals can follow CCRVC’s presentation by joining the telecast from 10:45 a.m. to 12:15 p.m.
At House of Commons Standing Committee on Finance Meeting 43 - http://bit.ly/2eovi4d