These companies got Ontario taxpayer money for tourism losses during pandemic - News Summed Up

These companies got Ontario taxpayer money for tourism losses during pandemic


The Ford government had announced the fund in 2021 to provide grants to tourism businesses whose revenues plunged due to the COVID-19 pandemic. The program documents said the money was for "Ontario-based, tourism businesses in the for-profit attractions and accommodations sectors that have been hardest hit by COVID-19 … private sector tourism businesses that are significant drivers to their regional tourism economies." © Carlos Osorio/Reuters Nearly half of Ontario $99.5 million tourism recovery fund went to the 68 companies that received grants of more than $500,000 each. Nearly half of the tourism recovery program's total funding went to the 68 companies that received grants of more than $500,000 each. Tourism companies began receiving the provincial payments last April.


Source: CBC News January 08, 2023 12:49 UTC



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