Colt Canada Information Thread

Harry Callahan

Harry Callahan

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Since the official Colt Canada Forum is locked, I created this thread to gather and share any information on Colt Canada's firearms, parts, news or details on upcoming new products available to military, law enforcement and, of course, civilians.

Hope to read & share with all of you Colt Canada aficionados.

Shoot Straight and Stay Safe

-Phil
 
PitBull1973 said:
Would like to know what happened
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x2, WTF happened. I really liked where Colt Canada was headed and was eagerly awaiting the release of their C8IUR rifles like The Patrol for example.
Simple closing the CC thread w/o cause only makes people wonder why and that usually only ever spins into a negative direction unfortunately.

Maybe they aren't going to release anymore CC products at all after the remaining few SA15.7's and SA20's are all gone, there see I'm getting negative already damn it.

Lets all pray for positive feedback/news from CC.
They are to good of a firearm Co. to be held back for only Mil./LEO. use, not to mention the bonus of Made in Canada.

Cheers D
 
CC is in a place now where they have to decide if it's worth doing overruns on regular contracts (this is still their bread and butter), and then selling through their distributor to civilians. Neither the SA20/SA15.7 sold out yet, and there were distributor issues. The IUR is also still available in reasonable quantities, but I don't know if anyone knows how many entered the distribution chain. How much money do you think they've made from selling all of these rifles? For the sake of argument, let's say that they (CC) makes 250$ from each rifle sold through the civvie channel, and that they've sold 1000 rifles. They've made 250,000$. That's not actually a lot of money... and they didn't make it all within the same calendar year. The overhead for a rep to deal with warranty issues, CGN forum following, dealing with distributor(s), etc also takes away from whatever profits they've made.

Don't fool yourself into thinking that this is some political decision, all decisions by businesses are business decisions - even if they're wrong, shortsighted or foolish.
 
pierre427 said:
CC is in a place now where they have to decide if it's worth doing overruns on regular contracts (this is still their bread and butter), and then selling through their distributor to civilians. Neither the SA20/SA15.7 sold out yet, and there were distributor issues. The IUR is also still available in reasonable quantities, but I don't know if anyone knows how many entered the distribution chain. How much money do you think they've made from selling all of these rifles? For the sake of argument, let's say that they (CC) makes 250$ from each rifle sold through the civvie channel, and that they've sold 1000 rifles. They've made 250,000$. That's not actually a lot of money... and they didn't make it all within the same calendar year. The overhead for a rep to deal with warranty issues, CGN forum following, dealing with distributor(s), etc also takes away from whatever profits they've made.

Don't fool yourself into thinking that this is some political decision, all decisions by businesses are business decisions - even if they're wrong, shortsighted or foolish.
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That about sums it up about nuking their entire forum section. Lock it down if you have to, but why nuke all the discussions?
 
pierre427 said:
CC is in a place now where they have to decide if it's worth doing overruns on regular contracts (this is still their bread and butter), and then selling through their distributor to civilians. Neither the SA20/SA15.7 sold out yet, and there were distributor issues. The IUR is also still available in reasonable quantities, but I don't know if anyone knows how many entered the distribution chain. How much money do you think they've made from selling all of these rifles? For the sake of argument, let's say that they (CC) makes 250$ from each rifle sold through the civvie channel, and that they've sold 1000 rifles. They've made 250,000$. That's not actually a lot of money... and they didn't make it all within the same calendar year. The overhead for a rep to deal with warranty issues, CGN forum following, dealing with distributor(s), etc also takes away from whatever profits they've made.

Don't fool yourself into thinking that this is some political decision, all decisions by businesses are business decisions - even if they're wrong, shortsighted or foolish.
Click to expand...


Good points made Pierre, I was kinda thinking similar thoughts, but was trying not to.

What we really need is for the AR to go NR so that CC sales of C7/C8 rifles (and all other brands of AR's too) would then be significantly boosted.

I was kinda hoping CC knew something we didn't when they initially made their SA15.7/SA20 rifles available, that being they were some how in the know about AR's possible going NR (hey I can dream can't I).

There would be such a huge increase in sales regarding AR15/AR10's if they were allowed to be used like any other NR center-fire semi.-auto. rifle (even if they required registration, who wouldn't want to be able to hunt with an AR-10 again) then CC would be sure to keep selling to the civvie market. I know it's a long shot or it will likely be a long time coming for this to happen, but you gotta stay positive right?

With the actual lack of common sense regarding the current firearms regulations in Canada you have to remain positive that it could happen (hunting with an AR in Canada was allowed at one time) since there really is no difference between a Famae 540 compared to a SA15.7 (well except that the SA15.7 is of a higher quality has better accuracy, offers improved reliability and price plus it's made in Canada...) well you get my point, it's a very similar rifle in it's operation/capabilities (centre-fire semi.-auto.) and the fact it is NR makes for a strong argument towards making all AR's NR. I know, I know I'm attempting to apply common sense to Canada's firearms regulations.

But hey everybody already knows this...

Let's hope that Colt Canada recognizes how much we appreciate their products and that they keep things available to us civilians, but of course business is business and no Co. can work w/o adequate sales/profits.

Cheers D
 
PitBull1973 said:
Would like to know what happened
Click to expand...

I believe someone at Colt Canada made a business decision to reduce staff time monitoring a forum and answering a lot of the same questions over and over again (like where can I get green furniture?).

Some people complained about the price being higher than what Colt USA and a lot of poorly made AR-15 look a likes sell for. My position on this is; if I don't like the price of a particular product I just don't buy it or buy it on the 2nd hand market.

I bought my CC rifles and IUR new since August. I'm pleased to have had to opportunity to do so and to have participated on the CC forum here.

Wolf
 
They'll leave, people will shout and scream and pout, and yet will have no idea that their attitude has, in part or in whole, caused the departure.

When Colt Canada didn't sell to the public, people begged. When they started, people complained.

Truly sad.

Imagine what the rifles will be worth, if CC closes it's doors to public sales. They didn't need public sales before, they don't need it now.
 
The lack of sales was due to the lack of advertising. Im the only one at work that surfs CGN. Most people I know think forums are a big waste of time ( and they are lol )

I would say 5% of gun owners come here, and this was the only place that talked about Colt Canada.

Im glad I got my SA15.7 and IUR. And currently sourcing a 2nd Sa15.7 to mount my IUR on. There's no way in hell i'm paying top dollar for a Colt USA stripped lower.

It was fun while it lasted, I got free Colt Canada gear during the contests, Matt was truly a great rep.
 
Who knows what the reason is. Maybe they want official releases from the company. Kind of like a public affairs officer, that can only say what is approved.
 
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fenceline said:
They'll leave, people will shout and scream and pout, and yet will have no idea that their attitude has, in part or in whole, caused the departure.

When Colt Canada didn't sell to the public, people begged. When they started, people complained.

Truly sad.

Imagine what the rifles will be worth, if CC closes it's doors to public sales. They didn't need public sales before, they don't need it now.
Click to expand...

I highly doubt it had anything to do with posts on a forum.
I think this is the reason for both, Colt Canada selling to civilians ( Getting rid of some unwanted stuf in their inventory) and now the nuking of their own thread on this forum:

http://bankruptcynews.dowjones.com/...BR0120150415eb4fg6x47&cid=&ctype=&from=Search

Basically Colt Defense, who owns Colt Canada started the bancrupcy process.
I'm sure they try to avoid all the questions about the financial problems.
I just hope, if Colt Canada is to survive, they are bought by some innovative and honest firearms manufacturer, rather than the government or some bs investment firm.
 
I just found this thread, wow, that sucks. So, there’s no official response from Colt Canada or Matt? Were they active in any other forums?

If they are closing down their sales to the public, I wonder if this will prompt folks to go out and buy whatever is left. Glad I jumped on an SA20 and IUR, and thanks again to CC for the IUR. Without it, there was no way I could afford to have both.
 
fenceline said:
Colt Canada and Colt Defense are two totally different legal and financial entities. Colt Defense has a financial interest in CC but that is it.
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So you tell me that Colt Defense, the owner of colt Canada, going bancrupt is in no way affecting Colt Canada? What planet do you live on?
 
Colt USA has been in financial difficulties for a while, so there are no surprises in that respect. But considering the importance Canada puts on a domestic source for its military small arms, Colt Canada/Diemaco will stay around in one form or another.


Colt Canada's website continues to feature the SA15.7 and SA20.

http://www.coltcanada.com/diemaco-products.html

The website distinctly states:

"Further models and MILSPEC components are planned for release this year."


Greentips has posted, regarding Colt Canada's presence, or lack thereof, on this website:

"I know this is going to pop up.

As far as I was told, this is NOT a call by Colt Canada's rep here at CGN. It is someone's else decision.

The Colt Canada rep is 100% behind maintaining a strong presence at CGN, but he has to do what he is told AFAIK.

Just like the army, you don't have to like it, you just have to do it. "
(post #5 in this thread:
http://www.canadiangunnutz.com/foru...osted-on-CC-s-forum-April-16th-late-afternoon).


So...

Colt Canada will stay in business.

It'll probably continue to offer us civilians stuff.

But it doesn't look like we'll have the same level of detail that Matt was providing us with.
 
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One issue I see if they have cut off selling to the civi market is what do customers like my self and others that as an example purchased IUR's or other CC products that have Proprietary CC parts like the straight gas tube on the IUR uppers. If you have a problem where do you get parts.

I know what are the odds of running into an issue but lets face it things break. Make me rethink keeping any CC stuff I have that may need replacement parts and go with something else that is readily available for parts if needed. I think it would apply for anyone who truly uses their stuff and are not safe queens
 
COLT TEETRING ON THE BRINK OF BANKRUPTCY (from an article from Nov 15, 2014)

ht tp://www.thetruthaboutguns.com/2014/11/foghorn/colt-teetering-brink-bankrupcy/

When’s the last time a Colt firearm was on your wish list? Colt Competition has done some pretty cool stuff recently, but Colt’s Manufacturing Co. hasn’t really come out with anything “new” in quite a while. The lone exception is their line of rifles based on the Colt 901, which is a cool design concept that didn’t seem to be well executed at all. It seems like the only thing keeping Colt alive has been the massive industry-wide surge in sales over the last couple years, but now that’s over and Colt is struggling to pay its bills . . .


From the Wall Street Journal:

Colt Defense LLC warned that it could default by the end of the year, as the privately owned company, which has suffered from declining demand for rifles and handguns, is likely to miss a payment to bondholders.

The gun maker faces a $10.9 million payment to bondholders Nov. 17, according to a filing on Wednesday with the U.S. Securities and Exchange Commission. If Colt skips the payment, it will enter a 30-day grace period, but without payment by Dec. 15 it will be in default and bondholders can demand immediate, full payment.

Colt, which is controlled by investment firm Sciens Capital Management LLC, had $248.8 million outstanding on the bonds as of June 29. The bonds were trading in the mid-30 cents on the dollar—deep in distressed territory—on Thursday.

Colt has been on the decline for quite some time. The key to Colt’s success has been their government contracts — Colt was the sole manufacturer of the M4 carbine and M16 rifle for decades. But in 2013, FNM won the contract for the M4 and the M16 rifle, and the military is showing no signs of going back. With its main cash cow gone, all that’s left for the manufacturing giant is the commercial market (which they had more or less ignored for years). Now, unable to compete in the modern firearms market, Colt may soon be just another corporate casualty.

Heckler & Koch has been in the same boat for a while now, as rumors of their impending doom have been circulating since the middle of last year. But nothing has come of those rumors so far, and H&K seems to be in a stronger position with their new line of civilian-focused (and priced) handguns. It’s possible Colt can do the same thing, pivoting hard toward the commercial market with the right products at the right time, but it seems unlikely. A more probable outcome is that some investor (Freedom Group?) may take a crack at buying the manufacturer with the legendary name, but at this point there doesn’t seem to be any suitors lined up.
 
It will have very limited impact on Colt Canada.
If it does go under, the Government will ensure that CC is sold. CC is a strategic asset for Canada.
 
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