Corporate Disclosure

Last Updated: July 24, 2025

Corporate Structure

Directors and Officers

Chief Executive Officer: Marcus Wellington
Chief Operating Officer: Charlotte Campbell
Chief Financial Officer: David Thompson
Secretary-Treasurer: Emma Rodriguez

Share Structure

Oceavue Yacht Rentals Inc. is a privately held corporation with the following authorized share capital:

Authorized: 10,000,000 common shares without par value
Issued and Outstanding: 2,500,000 common shares
Share Class: Common shares (voting)

Licensing and Regulatory Compliance

Marine Operating Licenses

Transport Canada Marine Safety License: TC-ML-ON-2010-001
Commercial Vessel Operating Certificate: CVOC-58209
Passenger Vessel Safety Certificate: PVSC-67890
Marine Personnel Certificate: MPC-24680

Business Licenses

Ontario Business License: ON-BL-2010-5938
City of Kingston Business License: KING-BL-2010-0718
Tourism Operator License: TOL-ON-2010-1111
Liquor Service License: LSL-ON-2010-2222

Professional Certifications

Canadian Yachting Association Membership: CYA-M-2010-555
Maritime Safety Association Certificate: MSA-C-2010-777
Eco-Marine Certification: EMC-2019-999
Tourism Industry Association Membership: TIA-M-2010-333

Insurance Coverage

Marine Insurance

Hull and Machinery Insurance: $15,000,000 per vessel
Third-Party Liability: $25,000,000 per occurrence
Passenger Liability: $5,000,000 per passenger
Pollution Liability: $10,000,000 per incident

General Business Insurance

General Liability: $5,000,000
Professional Liability: $2,000,000
Property Insurance: $3,000,000
Cyber Liability: $1,000,000

Insurance Providers

Marine Insurance: Lloyd's of London Syndicate
General Insurance: Intact Insurance Company
Workers' Compensation: Workplace Safety and Insurance Board (WSIB)

Financial Information

Banking Relationships

Primary Bank: Royal Bank of Canada
Account Type: Commercial Operating Account
Credit Facilities: Operating line of credit, equipment financing

Auditing and Accounting

External Auditor: KPMG LLP
Accounting Firm: BDO Canada LLP
Financial Year End: December 31
Reporting Standards: ASPE (Accounting Standards for Private Enterprises)

Tax Compliance

Tax Registration

GST/HST Registration: 973056182RT0001
Provincial Sales Tax: Registered in Ontario
Payroll Account: 895284017RP0001
Corporate Tax Account: 702584204RC0001

Tax Compliance Status

Oceavue Yacht Rentals Inc. is in good standing with all federal and provincial tax obligations. The company files all required returns on time and maintains current tax compliance certificates.

Environmental Compliance

Environmental Permits

Marine Discharge Permit: ENV-MD-ON-2010-111
Waste Management License: WML-ON-2010-222
Environmental Impact Assessment: Current and compliant

Environmental Certifications

Green Marine Certification: Level 4 (Excellent)
ISO 14001 Environmental Management: Certified 2019
Carbon Neutral Certification: Target 2026

Employment and Safety

Employment Standards

Employment Standards Compliance: Ontario Ministry of Labour
Human Rights Compliance: Ontario Human Rights Commission
Workplace Safety: WSIB Account in good standing

Safety Certifications

Marine Safety Management System: SMS Certificate TC-SMS-001
Occupational Health and Safety: Full compliance
Emergency Response Plan: Approved by Transport Canada

Regulatory Bodies and Oversight

Federal Oversight

Transport Canada: Marine Safety and Security
Canada Revenue Agency: Tax compliance
Environment and Climate Change Canada: Environmental compliance

Provincial Oversight

Ontario Ministry of Transportation: Commercial vehicle operations
Ontario Ministry of Labour: Workplace safety
Ontario Ministry of Tourism: Tourism operator compliance

Municipal Oversight

City of Kingston: Business licensing and zoning
Kingston Harbor Authority: Marina operations

Corporate Governance

Board of Directors

The company is governed by a Board of Directors consisting of five members:

Chairman: Marcus Wellington (Founder/CEO)
Vice-Chairman: Charlotte Campbell (COO)
Director: David Thompson (CFO)
Independent Director: Dr. Margaret Foster (Maritime Law Expert)
Independent Director: Captain James Mitchell (Marine Safety Consultant)

Corporate Policies

Code of Conduct: Comprehensive ethics and conduct policy
Conflict of Interest Policy: Annual disclosure requirements
Whistleblower Policy: Protected reporting mechanisms
Anti-Corruption Policy: Zero tolerance for bribery and corruption

Industry Memberships

Professional Associations

Canadian Yachting Association: Corporate Member since 2010
Tourism Industry Association of Ontario: Active Member
Maritime Safety Association: Charter Member
Canadian Marine Trades Association: Associate Member

Certifying Bodies

Better Business Bureau: A+ Rating since 2012
TripAdvisor: Certificate of Excellence 2020-2024
Canadian Tourism Commission: Quality Assured

Compliance Monitoring

Internal Compliance

Compliance Officer: Emma Rodriguez, Secretary-Treasurer
Legal Counsel: McLean & Kerr LLP, Maritime Law Specialists
Compliance Reviews: Quarterly internal audits

External Reviews

Transport Canada Inspections: Annual safety inspections
Environmental Audits: Bi-annual compliance reviews
Insurance Surveys: Annual vessel condition surveys

Contact Information

Corporate Office

Oceavue Yacht Rentals Inc.
285 Wellington St.
Kingston, ON K7L 3E4
Canada

Phone: +1 416-495-3669
Email: [email protected]
Website: www.oceavue.com

Legal and Regulatory Inquiries

Legal Counsel: McLean & Kerr LLP
Address: 150 King St. W, Toronto, ON M5H 1J9
Phone: +1 416-362-2000
Contact: Partner Sarah McLean

This corporate disclosure is provided to ensure transparency and demonstrate our commitment to regulatory compliance and corporate responsibility. All information is current as of the date stated above and is subject to change with proper notice.

Company Information

Registered Office Address

Business Address