SUMMERSIDE — The Canadian government is providing incentives to tour operators, having made changes to the Foreign Convention and Tour Incentive Program (FCTIP).
“Canada’s federal tourism strategy sets out a new approach to strengthening Canada’s tourism sector, so the tourism industry can continue to make a significant contribution to creating jobs and growth,” said Gail Shea, minister of National Revenue, in announcing the changes, which showcase Canada as a destination for travel groups.
The improvements provide a GST/HST rebate on certain services and properties used during conventions in Canada. Additionally, rebates are available on the accommodation portion of tour packages for non-residents.
“In making it easier for tour operators to get their rebates, the improvements to the Foreign Convention and Tour Incentive Program will help generate sales for our members,” said Tony Pollard, president and CEO, the Hotel Association of Canada. “We have a shared interest with the government in ensuring the program acts as an incentive in bringing visitors to Canada.”
Tourism makes an important contribution to Canada’s economy. In 2010, tourism generated $73.4 billion in revenue, representing approximately two per cent of Canada’s gross domestic product.