With international travel shut down and consumers struggling with financial hardships, this sector has suffered a severe blow. Read this EDC Economics overview to discover when the industry could bounce back.
In Canada, the tourism sector generates almost $10 billion and is one of the fastest-growing segments of our economy. With coronavirus infections declining and travel and social distancing restrictions gradually lifting, the industry is banking on a surge in domestic travel to help weather the storm.
Don’t have a MyEDC account yet?
Register to unlock access to international insights, webinars, and resources that help you mitigate risk and grow your business.