If everyone onboard the PWC is wearing a lifejacket or personal flotation device (PFD) of appropriate size, only the following equipment is required on board:
A sound-signaling device;
A watertight flashlight or three flares other than smoke signals;
A magnetic compass, if the PWC is navigated outside of seamarks; and
Navigation lights that meet the requirements set out in the Collision Regulations, if the pleasure craft is operated after sunset, before sunrise, or in periods of restricted visibility (fog, falling snow, etc.).