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

  • 📰 CP24
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 67%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Ontario's tourism minister says the province won't be extending the staycation tax credit for another year, despite the hard-hit industry recommending the move as a way to help it recover from the pandemic.

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 30. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Just a stupid decision from our Government When someone decides to stay a night in a hotel, they will spend and spend more in that area and support the locals. I’ll just travel outside of Ontario then….

Even Doug Ford doesn't want to stay in Ontario

The industry didn't send fordnation a bag of cash. That's how this government makes decisions.

Looks like an entire industry failed to get cozy with ThugFord

Costing Doug too much money! Get ready for the license plate stickers! They're coming back too, along with the gas tax! Doug needs the money!

Doug’s going to need the funds to payout the lawsuits.

Singapore Singapore Latest News, Singapore Singapore Headlines