'Trying not to die': Tourism operators face heavy debt, even as business roars back

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Tourism has come roaring back from pandemic lows, but operators say the sector has yet to reach pre-COVID levels and debt remains a hefty burden for thousands of small businesses across the country.

Views of Georgian Bay and the town Collingwood from the top of Blue Mountain on Thursday, June 30, 2022. She and her husband began running ecotourism outfit Maple Leaf Adventures out of Vancouver about a month before the 9/11 terrorist attacks devastated international travel in 2001.

"We crossed the ocean out of our wrecked boat, and now ... we're all just trying not to die on the beach." "We have not had any kind of indication that we're going to see these," she noted. In fact, the government aims to reduce temporary residents' share of Canada's population over the next three years.

The sector's recovery continues to trail that of the broader business world. The number of active tourism-linked businesses sat slightly below pre-pandemic levels as of December, while the number of businesses overall surpassed 2019 figures, data from Destination Canada showed. "Regions a bit further away from those very big hubs had more difficulty to regain the momentum," the minister said. Business travel and conventions also continue to lag, she added.

Martinez Ferrada also highlighted $124 million for Atlantic ferry operations as well as investments in development opportunities in the North and for Indigenous tourism operations announced last year. Upset about high interest rates, growing paperwork and heavy regulatory burdens, protesting farmers have become a familiar sight across Quebec since December.

At least 5 people have died while crossing English Channel, hours after U.K. approved deportation bill The federal government says its plan to increase taxes on capital gains is aimed at wealthy Canadians to achieve “tax fairness.”At 6'8" and 350 pounds, there is nothing typical about UBC offensive lineman Giovanni Manu, who was born in Tonga and went to high school in Pitt Meadows.Kevin the cat has been reunited with his family after enduring a harrowing three-day ordeal while lost at Toronto Pearson International Airport earlier this week.

 

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