Ontario won't make staycation tax credit permanent despite calls from industry

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Ontario won't be extending the staycation tax credit for another year.

Neil Lumsden, the minister of tourism, culture and sport, says in a statement that the province temporarily introduced it for the 2022 tax year to spur pandemic recovery for the tourism, hospitality and culture sectors.

A joint report earlier this week from the Ontario Chamber of Commerce and the Tourism Industry Association of Ontario said the sector won't fully recover until 2025 and suggested dozens of ways the provincial and federal governments could help.

 

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