British Columbia's battered tourism industry is poised for a strong recovery after vaccinations become widespread, but meeting that demand could be a challenge, Scotiabank's chief economist says. Walt Judas, chief executive of the Tourism Industry Association of B.C., said capacity to meet a swift rise in demand depends on the type of business. Wage subsidies and other government programs have been vital to most businesses' survival. Half a million people in the tourism industry lost their jobs in 2020, the report says. "I don't disagree there will be pent-up demand, but it will take time for us to recover,'' he said.
Source: CBC News March 14, 2021 18:52 UTC