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

Liberals say economy, inflation the focus for fall

Rachel Bendayan, the parliamentary secretary to the associate finance minister, says MPs all heard very clearly from constituents over the summer break just how difficult it has become to keep paying the bills. Fighting inflation is also politically critical for the Liberals with new Conservative Leader Pierre Poilievre maintaining his biting criticism of the government over inflation.

Liberals say economy, inflation the focus for fall

Canada to be 'prominent' at events mourning Queen

The late queen's coffin left Balmoral Castle in Scotland on Sunday, where it was driven by hearse to the Scottish capital of Edinburgh. It will be flown to London on Tuesday, where it will eventually lie in state for the public to say their goodbyes in the four days leading up to Monday's funeral.

Canada to be 'prominent' at events mourning Queen

Female pedestrian injured in Surrey hit-and-run

Police were called to King George Blvd near 72 Ave at about 9 p.m. Sunday. Officers say a silver sedan heading south on King George struck a woman who was crossing the street between intersections.

Female pedestrian injured in Surrey hit-and-run

Wildfire smoke continues to blanket parts of B.C.

The federal government's air quality index shows areas with the highest levels of potentially dangerous wood smoke include Cranbrook and Castelgar in southeastern B.C., the eastern Fraser Valley and the communities of Whistler and Squamish.

Wildfire smoke continues to blanket parts of B.C.

Surrey RCMP need the public's assistance in locating missing man Kamleshbhai Manek

Kamleshbhai Manek was last seen on August 28, 2022 at 9:30 a.m., near the 13300 block of Old Yale Road in Surrey. Police are concerned for Kamleshbhai’s wellbeing as he has not made contact with his usual family/friends/ associates. Kamleshbhai is described as a 65-year-old South Asian male, 5’8”, 254 lbs with black hair and brown eyes.

Surrey RCMP need the public's assistance in locating missing man Kamleshbhai Manek

Beware of scam targeting seniors that dupes them of thousands of dollars: North Van RCMP

The suspect claimed that the woman’s grand daughter was arrested by police and needed $9000 to be released on bail. The fraudster then came to the victims’ home and picked up the money. In this incident, the suspect is described as a Caucasian woman between the ages of 20-30, 5’10 tall, long brown hair, slim build, wearing gold hoop earrings, a white top, tattoos on her left forearm, and having an accent.