Up to 70% of Alberta tourism businesses could close without help, report predicts - News Summed Up

Up to 70% of Alberta tourism businesses could close without help, report predicts


The pandemic has decimated the travel industry in Alberta and the weeks and months ahead appear bleak, says a new report from the Tourism Industry of Alberta Association. In April, Councillor Jenna McGrath told CBC News that the drop in tourism had been "devastating" for local business. Calls to actionThe new report from the TIAA puts forward 40 calls to action to try to save tourism enterprises in the province, directed towards the province, municipalities, Alberta tourism agencies and Alberta Health. Visbach said Alberta's tourism industry needs continued financial support, even beyond existing federal stimulus commitments. According to statistics provided by the TIAA, the tourism industry in Alberta represents more than 23,000 businesses, generating approximately 72,500 full-time equivalent jobs.


Source: CBC News July 01, 2020 23:37 UTC



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