OTTAWA — Finance Minister Bill Morneau’s new budget, tabled yesterday, includes several initiatives impacting Canada’s hotel industry, reports the Hotel Association of Canada (HAC).
One success was the allocation of $50 million over two years, starting in 2016 to 2017. “Canada’s national tourism marketing organization, Destination Canada, has a strong track record of working with industry partners to maximize the impact of marketing campaigns. Budget 2016 builds on this successful model by proposing to provide $50 million over two years to Destination Canada to seize opportunities with partners by augmenting marketing initiatives in important international markets, such as the United States and China,” Morneau explains.
The Finance Minister also allocated $150 million over two years to support activities and events that tie into Canada’s 150th anniversary celebration in 2017.
Infrastructure was also on the agenda. A plan proposing $11.9 billion over five years includes improving public transit systems across Canada, country-wide investments in water, wastewater and green infrastructure projects and social infrastructure. Another $3.4 billion will go towards national parks, harbours, airports and border infrastructure, while more than $20 million has been earmarked for Parks Canada’s work with historic lighthouses and railway stations.