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Tourism, meetings and visitor spending reach deep in Toronto

Tourism, meetings and visitor spending reach deep in Toronto
06 Jun 2024 by Andrew Siegwart

Did you know?

 

More than 90% of Ontario’s tourism operators are small, local, sole proprietors - and they face considerable challenges in our current economy. These issues include inflationary pressure on all business costs, slow return of inbound international and business travel, cautious domestic travelers, a labour shortage that is slowing growth & productivity, and persistent high & expensive debt levels.

 

Earlier this week, I was at Queen's Park on behalf of TIAO to show our support for an important new Private Members Bill that would provide financial relief for small tourism businesses across Ontario.

Private Members Bill 195, tabled by MPP Stephanie Bowman would provide meaningful tax reductions to small tourism businesses & enable them to make critical investments in their teams and operations in order to grow their businesses and Ontario’s visitor economy.

 

Tourism Industry Association of Ontario joins Canadian Federation of Independent Business to call on all MPPs & Parties to support their small business constituents & this Bill. Click here to read CFIB’s letter to Min Bethlenfalvy, sent earlier this week, calling for swift passage and all-party support.

 

Thank you for your continued support. As always, if you have any questions or comments, feel free to send us an email at info@tiaontario.ca.

 

Sincerely,

Andrew Siegwart

President & CEO
Tourism Industry Association of Ontario