© Bobby Hristova/CBC Minister of Tourism, Culture and Sport Neil Lumsden says Ontario won't be extending the staycation tax credit for another year. 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. A 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 and suggested dozens of ways the provincial and federal governments could help. 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. Green Party Leader Mike Schreiner says the Progressive Conservative government is abandoning the tourism industry.

Source: CBC News December 16, 2022 04:54 UTC