Tourism industry calls for emergency relief to save sector

The Tourism Industry Association of British Columbia (TIABC) is calling for government intervention to prevent a complete collapse of the visitor economy as a result of the COVID-19 crisis.

With massive travel cancellations that include flights, hotel bookings, conferences, events, and closures to major resorts such as Whistler-Blackcomb, Silver Star and others, losses amount to hundreds of millions of dollars already and will soon represent billions of dollars unless senior governments provide some form of financial relief to help businesses survive.

According to TIABC CEO, Walt Judas, virtually the entire British Columbia visitor economy is reeling at time when most industry sectors are typically gearing up for the busy spring and summer months.
Tourism in British Columbia generates upwards of $19 billion in revenues annually through 19,000+ (small) businesses that employ over 330,000 people. The industry has enjoyed record setting growth in recent years and has become the province’s third-largest business sector.

TIABC is looking to senior levels of government to establish an emergency tourism contingency fund to help operators mitigate the impact of the crisis. It also calling for other measures to help businesses, such as temporarily suspending land tenure fees and employer health taxes, as well as providing loan payment relief.