Travel, tourism sectors set for major recovery this year — but business spending lags

Canada’s transportation and hospitality businesses were among the most battered by the pandemic, which shut borders and restricted travel and restaurant dining.

“No industry was hit harder by the pandemic than the food service sector, and the industry still has a long road to recovery,” the industry group said in a release earlier this month. The biggest challenge facing tourism operators is labour, with some 300,000 jobs likely to go unfilled this year, Potter said, adding that higher interest rates remain a major thorn as well.

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