FedDev Ontario supports regional tourism across southern Ontario
Southern Ontario’s tourism industry is essential to the region’s vitality and a major contributor to the economy. Every year, millions of travellers visit the area to enjoy its natural beauty, culture, festivals, theatre, world-class wineries and waterfront attractions. This translates to income and jobs for many communities. Recognizing the significant impact that COVID-19 has had on tourism, the Government of Canada continues to support the recovery and growth of this important industry as the economy reopens.
“Our tourism industry and the 1.8 million Canadians it employs have been hit hard by COVID-19, and we’re here for them. This funding from FedDev Ontario will help communities across southern Ontario continue welcoming visitors, adapt to the new reality and prepare for the future. Our message to our tourism sector and those whose livelihoods depend on it is clear: we’ve been here for you with immediate measures, we’re here for you now as our economy reopens and we’ll get through this, together. We’re working with you to support good, local jobs and help Ontario tourism come back strong.”
—The Honourable Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for Federal Economic Development Agency for Southern Ontario
- In Ontario, tourism accounts for $39.4 billion of GDP and directly and indirectly supports more than 820,000 jobs.
- FedDev Ontario has invested over $78 million in 260 tourism projects since November 2015.
- Recipients of Kingston’s, Bruce County’s and the City of Stratford’s funds must provide a minimum 20 percent contribution toward total project costs.
- These investments are made through FedDev Ontario’s core funding and are non-repayable contributions.
- On August 25, the Honourable Mélanie Joly, Minister of Economic Development and Official Languages, announced a non-repayable FedDev Ontario investment of $500,000 to support the tourism industry in Niagara-on-the-Lake to deliver a similar fund, and the intention to provide a contribution of up to $400,000 to the Shaw Festival to support outdoor theatre performances and support visitor activity in Niagara-on-the-Lake.
- On May 31, the Honourable Mélanie Joly, Minister of Economic Development and Official Languages, announced $30 million in FedDev Ontario RRRF funding for the Tourism Industry Association of Ontario (TIAO) to provide financial relief to destination marketing organizations (DMOs) across southern Ontario.