Good luck - beautiful boats.The cost of buying a boat in Canada is very expensive. There are some lenders who will finance a newer boat but the rates are high and the terms are short. For the most part, purchasing a boat in Canada is a cash deal. Not to many people have a few hundred grand kicking around to buy a boat.
Anyway, big day ahead of me and I have to get ready to head out.
Best way to finance a boat here is with a Line of Credit. Generally requires you to have enough equity in real estate to provide the collateral. If you can do it the rates are as cheap as they come.
Shouldn't be buying sailboats before you own a house anyway.