Tourism

SWO tourism gets $7-million boost

Funds are part of a $68.5 million federal relief package to support the southern Ontario tourism sector

TOURISM ORGANIZATIONS IN Southwestern Ontario are receiving a $7 million in federal funding aimed at helping businesses safely welcome back visitors, recover from the impacts of the Covid-19 pandemic and prepare for growth.

On Wednesday, Helena Jaczek, minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced a $68.5-million investment to support Indigenous Tourism Ontario and 11 regional tourism organizations in southern Ontario.

Story Continues Below

 

The Southwest Ontario Tourism Corporation (SWOTC), a provincially mandated Regional Tourism Organization for Southwestern Ontario that works with area tourism industry stakeholders such as Tourism London, will receive $7 million of the relief support.

Overall, tourism organizations will receive a combined $65 million to distribute amounts of up to $100,000 to businesses and organizations to innovate and invest in new and enhanced experiences that will attract visitors from within Canada and around the world.

Story Continues Below

 

The investment is expected to support as many as 1,300 tourism entities and create or maintain as many as 4,100 jobs.

“The Government of Canada investment announced today will ensure small tourism businesses and organizations in southern Ontario are supported as they find new and innovative ways to attract visitors,” says Jaczek in a press release. “The tourism sector is vital to communities and drives economic growth in local economies in southern Ontario and across Canada. Our government will continue to ensure the tourism sector has the tools it needs to recover so it is well-positioned for a strong and resilient economic future.”

Story Continues Below

 

In addition to the $65 million for tourism organizations, an investment of $3.5 million is going to Indigenous Tourism Ontario (ITO), which will provide non-repayable contributions of up to $100,000 to Indigenous businesses, not-for-profit organizations, Band Councils and Indigenous communities to invest in new or enhanced tourism experiences, upgrade tourism assets, and attract domestic and international tourists.

ITO will also deliver the Renew Indigenous Tourism program to support Indigenous organizations, businesses, and entrepreneurs as they work to recover from the pandemic. This investment will support up to 40 Indigenous projects to create and maintain up to 100 jobs.

Recent Posts

How LTL shipping supports smarter freight management across Canada

As companies seeking better ways to handle freight, LTL Shipping Canada stands on the list of the most efficient transportation…

2 days ago

Styled to succeed: Jillian Summers

Jillian Summers, founder and owner of Upstaging Limited, shares her unique perspective on what it takes to build and sustain…

3 days ago

London Inc. Weekly

London Inc. Weekly: A summary of regional business news from the past week

3 days ago

Dispatch

Dispatch: A summary of recent business appointments and announcements, plus upcoming events for the week ahead

3 days ago

Confidence in practice

Rebecca Hynes and Annie Garrett of Harrison Pensa LLP share their unique perspective on what it takes to build and…

4 days ago

Giving credit where it’s due

Bosses want you to use AI. Then they credit the AI

4 days ago