More than $ 8.4 million in funding to support one of the sectors hardest hit by COVID-19 health and safety restrictions
EDMONTON, AB, May 27, 2021 / CNW / – Tourism has been one of the sectors hardest hit by the COVID-19 pandemic due to the unique challenges posed by closures and travel restrictions. On the other side Western Canada, tourism generates $ 13.6 billion in economic activity and supports 230,600 jobs, employing a higher proportion of women, youth and Indigenous people than most other industries. From the outset, the government of Canada has taken steps to help tourism businesses and others survive the pandemic and position them for success when security restrictions are lifted and the economy recovers.
One support measure is the Regional Relief and Recovery Fund (RRRF), offered in the West by Western Economic Diversification Canada (WD). RRRF supports eligible tourism businesses and other small and medium-sized businesses and organizations that have not been able to access other federal relief measures. RRRF also helps organizations that support a wide range of tourism industry activities, such as industry associations and groups like destination marketing organizations.
Support for the Prairie Tourism Business Ecosystem
Today, Terry Duguid, Parliamentary Secretary to the Minister of Economic Development and Official Languages ââ(Western Economic Diversification Canada) and to the Minister of Environment and Climate Change (Canada Water Agency), on behalf of the Honorable MÃ©lanie Joly, Minister of Economic Development and Official Languages ââand Minister responsible for Western Economic Diversification Canada, announced more $ 8.4 million for 20 organizations supporting tourism businesses in the Prairies. Support from the federal government has enabled these organizations to continue to help customers deal with the pandemic, comply with health measures, and be ready to welcome visitors again when it is safe to do so.
This funding is part of more than $ 108.5 million provided to nearly 990 businesses and tourism organizations in Western Canada struggling with the challenges of the pandemic. Almost two-thirds of these businesses are in rural communities ill-equipped to absorb the loss of tourism activities.
At February 5, DEO announced a new $ 250 million in RRRF financing for Western Canada. WD still accepts applications from small businesses up to June 30, 2021, to offset losses related to COVID during the first 12 months of the pandemic. In small rural communities, community development agencies have already approved over 4,000 applications in the West and are ready to accept more, especially from businesses and tourism-oriented organizations.
These investments complement the measures From Canada Economic response plan, such as CEBA, CEWS and HASCAP to which tourism businesses and organizations have access to face the challenges posed by the COVID-19 pandemic.
“Tourism businesses are important economic engines and that is why our government is providing businesses with vital support to navigate the COVID-19 crisis and prepare for when it is safe to travel again. Our government is committed to the economic recovery of this important industry, and our message to tourism business owners and workers is clear: We will be here to support you for as long as it takes, with whatever it takes, and we’ll get through it together. “
The Honorable MÃ©lanie Joly, Minister of Economic Development and Official Languages ââand Minister responsible for Western Economic Diversification Canada
âTourism is a valuable and key industry on the Prairies. These businesses have been affected by the COVID-19 pandemic and need help to continue weathering this storm. Financial support such as the RRRF will allow tourism businesses to continue operating and keep Westerners employed, and safely welcome visitors to the Prairies when possible. “
– Terry Duguid, Parliamentary Secretary to the Minister of Economic Development and Official Languages ââ(Western Economic Diversification Canada) and to the Minister of Environment and Climate Change (Canada Water Agency)
The Regional Relief and Recovery Fund (RRRF) is a $ 2 billion backstop to ease the financial pressure on businesses due to the COVID-19 pandemic and help them continue operations and continue paying their employees.
Nationwide, 25% of RRRF funding goes to the tourism sector.
In the West, more $ 800 million under the RRRF, support goes through Western Economic Diversification Canada.
So far, RRRF has protected more than 38,700 jobs in Western Canada by providing nearly $ 600 million to support more than 8,900 businesses and organizations, of which over 45% are located in rural areas and nearly 30% are owned by women.
Today, the Honorable MÃ©lanie Joly, Minister of Economic Development and Official Languages ââand Minister responsible for Western Economic Diversification Canada (WD), announced more than $ 8.4 million through the Regional Relief and Recovery Fund (RRRF), for 20 organizations supporting tourism businesses in the Prairies.
Project funding enabled the following tourism industry associations and destination marketing organizations Alberta, Saskatchewan, and Manitoba to provide important services to local tourism businesses such as mentoring, networking, professional training, business intelligence, as well as supporting the transition to a digital market.
Banff and Lake Louise Hotel Association – $ 124,450
Banff and Lake Louise Tourism – $ 500,000
To explore Edmonton – $ 300,000
Aboriginal Tourism Alberta – $ 50,000
Tourism Calgary – $ 300,000
Canmore Kananaskis Tourism – $ 100,000
Tourism Industry Association Alberta (TIAA) – $ 100,000
Tourism Jasper – $ 250,000
Trip Alberta – 2,500,000 USD
City of Regina – $ 45,000
Regina Economic Development Inc. (Tourism Regina) – $ 625,000
Saskatchewan Incorporated Professional Outfitters Commission – $ 100,000
Saskatoon Downtown Business Improvement District – $ 65,000
Saskatoon Prairieland Park Corporation – $ 175,000
Regina Exhibition Association Limited – $ 140,000
The Saskatoon Visitor & Convention Bureau Inc. (Tourism Saskatoon) – $ 675,000
Tourism Saskatchewan – $ 750,000
Winnipeg Economic Development – $ 812,450
Riel Enterprises – $ 71,700
Trip Manitoba – $ 800,000
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SOURCE Western Economic Diversification Canada
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