HomeTravel NewsCanada Tourism Revenues Set to Soar this Year, According to WTTC Forecasts

Canada Tourism Revenues Set to Soar this Year, According to WTTC Forecasts

Canada’s inbound tourism industry is set to soar this year, according to World Travel & Tourism Council (WTTC) forecasts.

Latest data from the WTTC suggests by the end of this year, Canada’s tourism sector will be supporting 1.84 billion jobs in the country, roughly 120,000 more than in the years before Covid.

Tourism’s contribution to Canada’s national economy is set to reach a record high of nearly $182bn this year; nearly $8.1bn above its previous peak.

Tourism’s economic contribution grew by 25% last year and spending by international tourists hit nearly $44bn.

Julia Simpson, WTTC President & CEO, said: “Travel & Tourism is set to break all records in Canada. The government backed Tourism Growth Program, with its $108MN in federal funding, will further boost both the economy and jobs over the coming year.

“The Travel & Tourism sector is very strong and creating economic value and jobs. Vancouver, Toronto, and Montreal stand out as popular destinations amongst international visitors.”

Geoff Percival
Geoff Percival
Geoff has worked in business, news, consumer and travel journalism for more than 25 years; having worked for and contributed to the likes of The Irish Examiner, Business & Finance, Business Plus, The Sunday Times, The Irish News, Senior Times, and The Sunday Tribune.

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