TORONTO — 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.
That will end this year, but Lumsden says the province is supporting the sector in other ways, including $48.1 million for festivals and events and $19.1 million in support for Regional Tourism Organizations in 2022-23. Those recommendations included permanently keeping the staycation tax credit, which allows Ontarians to claim 20 per cent of eligible accommodation expenses, such as hotel or campground stays, in order to encourage local travel.
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:
Giving us money? Never permanent. Taking money from us? Always permanent, even if told temporary.
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ontario won't make staycation tax credit permanent despite calls from industryOntario'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. Doug’s going to need the funds to payout the lawsuits. 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! Looks like an entire industry failed to get cozy with ThugFord
Source: CP24 - 🏆 30. / 67 Read more »
Ontario won’t make staycation tax credit permanent despite calls from industry | Globalnews.caOntario'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.
Source: GlobalNational - 🏆 81. / 51 Read more »
Ontario won't make staycation tax credit permanent despite calls from industryOntario'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.
Source: CTVToronto - 🏆 9. / 84 Read more »
Ontario won't make staycation tax credit permanent despite calls from industryTORONTO — Ontario’s tourism minister says the province won’t be extending the staycation tax credit for another year, despite the hard\u002Dhit industry… If you want to travel do not pick my pockets to do so
Source: OttawaCitizen - 🏆 21. / 68 Read more »
Ontario won't make staycation tax credit permanent despite calls from industryA 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
Source: SooToday - 🏆 8. / 85 Read more »