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March 19, 2022

Ottawa Releases Draft of Luxury Tax Proposal

Once Again, Politicians Believe "Private Planes" are Far More Luxe Than Reality

Last year, Canada included a proposal for a new tax on the sale of luxury autos and aircraft with a retail price over $100,000, and new watercraft over $250,000. The Canadian Owners and Pilots Association has spoken at length on the issue, attempting to explain to legislators the fact that $100,000, or $80,000 USD, doesn't quite buy an equivalent amount of luxury between the automotive and aeronautical world. The tax would be calculated at the lesser of 20% of the value above the price thresholds, or at 10% of the full value of the vehicle. Should Parliament approve the tax, it will go into effect on September 1, 2022.

Despite Production Difficulties Robinson Sold 450 Aircraft, Aims Higher for 2022

Robinson Helicopters has completed another successful exhibition at Heli-Expo 2022, capping off the show by announcing a strong 2021. In 2021, Robinson received more than 450 orders, the highest level seen since 2011. President Kurt Robinson noted a first for the company's sales trends which saw their larger, turbine-powered R66 outsell the traditionally popular R44 Raven II. While sales were healthy, especially considering the difficult circumstances seen by the industry only a year before, maintaining consistent production has not been easy amid a recovering economy.