TIAC Welcomes Feds Moves

The Tourism Industry Association of Canada (TIAC) is welcoming the federal government’s introduction of new regulations that would temporarily expand the Local Lockdown Program to include employers subject to capacity-limiting restrictions of 50% or more and reduce the current-month revenue decline threshold requirement to 25%.

TIAC also applauded the temporary expansion of the Canada Worker Lockdown Benefit to include workers in regions where provincial or territorial governments have introduced capacity-limiting restrictions of 50% or more.

The industry association said that it has been advocating of the changes, pointing out that many companies in the tourism industry and the hundreds of thousands of people they employ are directly impacted by COVID-related requirements that limit the return to full operating capacity.

In a statement, TIAC said: “Businesses in the industry and the many thousands of workers they employ are still at considerable risk without continued federal support, especially over the coming winter months until higher tourism levels are expected to return in the spring.”

It continued: “Since the onset of the pandemic, the industry has effectively lost two full seasons as borders were closed and other travel restrictions and lock downs were in place. Businesses have faced crippling revenue losses, drained financial reserves and taken on substantial debt.”

And it concluded: “Without continued financial support many companies simply will not survive long enough to make it to spring.”

Go to https://tiac-aitc.ca/ for more.