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Federal Budget 2017

TIAC has put together the following list of industry relevant items from the federal budget released on March 22nd. For more details on any of these items, please follow thisĀ link to the website.

  • Marketing:

$37.5 million allocated to permanent funding to Destination Canada (raising overall base funding to $95.5 million/year)

Aboriginal Tourism Development:

  • $8.6 million to Indigenous and Northern Affairs Canada to support Indigenous Tourism development

Tourism Statistics:

  • $13.6 million over five years, to Statistics Canada to broaden tourism data collection, including greater provincial and territorial statistics

Tax Measures and FCTIP:

  • Repeal of the GST/HST rebate to non-resident tourists and tour operators on accommodation packages in favour of more marketing spending

Temporary Foreign Worker Program:

  • Proposed exemption from the 10% cap on TFWs has been extended to the seasonal industry beginning this year.

Youth Employment

  • An additional $395.5 million over three years, starting in 2017-18, for the Youth Employment Strategy

Parks Canada:

  • $364 million over two years on a cash basis, starting in 2018-19 to continue its management of Canada’s national parks, marine conservation areas, and national heritage sites.
  • $30 million towards the Trans Canada Trail.

Increased Duty on Alcohol

  • 2% increase in the excise duty rates on alcohol effective immediately and that rates be automatically adjusted to the Consumer Price Index on April 1 of every year starting in 2018

Original article sourced here.

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