National

Tourism spending may recover sooner than expected

Darpan News Desk The Canadian Press, 22 Nov, 2022 01:19 PM

VANCOUVER - Tourism spending in Canada is expected to recover sooner than previously anticipated.

Destination Canada published its latest tourism outlook today, which says it predicts tourism spending to recover to 2019 levels by 2024, up from 2025 as predicted last spring.

The government organization says that Canada's domestic travel market spending is recovering at an even faster pace and is expected to reach 92 per cent of 2019 levels in 2022 and fully recover in 2023.

It says the U.S. market is positioned to grow with spending reaching 91 per cent of 2019 levels in 2023 and expects a full economic recovery by 2024.

Destination Canada chief executive Marsha Walden says international revenue will be slower to recover due to stalls from the global recession and pandemic restrictions and should reach 2019 spending levels by 2025.

According to the report, Canada’s tourism sector could generate more than $142 billion by 2030, a 35 per cent growth over the course of the next decade.

Prev Next

MORE National ARTICLES

B.C. study says 80% of kids, youth have had COVID

The study, which lists Dr. Bonnie Henry among 13 authors, says that in contrast, 60 to 70 per cent of adults aged 20 to 59 and about 40 per cent of those aged 60 and over have been infected. The preprint study, which has not been peer-reviewed, was published online on Sept. 9 and says a series of surveillance reports of infections were understating the actual levels of infection by 92 times.

B.C. study says 80% of kids, youth have had COVID

Most Canadians indifferent to monarchy: poll

The poll from Leger and the Association of Canadian Studies also found that while some Canadians are happy about King Charles III taking the throne and others are not, most are largely indifferent to Canada’s new head of state.

Most Canadians indifferent to monarchy: poll

Liberals announce cost-of-living help

Until now, the government has said it is helping through existing policies, such as child care agreements with the provinces and automatic annual increases to programs like the GST rebate and Canada Child Benefit, as well as 2021 budget promises to increase benefits for seniors and low-income workers.

Liberals announce cost-of-living help

Canada donates up to $28 million for Pakistan

Emergency food, water, sanitation and health services are badly needed after monsoon rains over the last three months have left more than one-third of the country underwater. More than 33 million people are affected by the floods and with much of the country's agricultural land underwater, the Pakistani government is warning of an impending food shortage.

Canada donates up to $28 million for Pakistan

Warmer fall expected across much of Canada

The network says in its fall forecast that much of Canada can expect warmer-than-normal conditions throughout September before temperatures start to drop in October. It says the amount of precipitation will vary across the country, though most parts will see fewer storms than usual.

Warmer fall expected across much of Canada

Monday is federal holiday for Queen's funeral

Speaking at a caucus retreat in New Brunswick today, Trudeau says "declaring an opportunity for Canadians to mourn on Monday is going to be important." He says the government will be working with provinces and territories to ensure they're "aligned."