202328 Jun

Tourism recovery: Over $110M invested in Quebec

Summary

That is why the Government of Canada launched the Tourism Relief Fund (TRF), a $500M panCanadian initiative to help businesses and organizations in this sector overcome the impacts of the pandemic and position themselves for the future. CEDs support for the ASSQ made it possible to help 25 ski resorts in Quebec.Minister St-Onge took the opportunity to announce a total of $1,574,360 in nonrepayable contributions for six Montr\xe9al organizations: Montr\xe9al en Histoires, Tourisme Montr\xe9al, \xc9v\xe9nements Attractions Qu\xe9bec, Montr\xe9al on Wheels, V\xe9lo Qu\xe9bec \xc9v\xe9nements, and Sacred Fire Productions. The players in this sector are major contributors to growth, as well as key assets in rebuilding a stronger, more resilient, greener, and more inclusive economy for all.Through the tourism industry, we can showcase Canadas culture and diversity to visitors from around the world. Thanks to our knowledge on the ground, we have been able to give a helping hand to NPOs, individual workers, joint ventures, and other businesses established based on more current models. In addition to the direct and indirect spinoffs all regions will benefit from, several thousand jobs have been maintained and the supported projects will create several hundred more, ensuring the sector remains vital for the coming seasons.

Source: Canada

Funding

$495K
Amount
Jun 28 2023
Date
-
Investor
Tourisme Montreal
Company

Classifications

Companies