Province Announces New Support Programs For Tourism Businesses
Premier Doug Ford announced a new one-time $100 Million Ontario Tourism and Hospitality Small Business Support Grant program and $100 million for a new one-time recovery program this afternoon.
The province says the investment will support the province's tourism industry as it recovers from the impacts of COVID-19.
Premier Ford says "These tourism operators and businesses employ local people throughout the province and typically attract visitors from around the world."
The grant program will provide one-time payments of $10,000 to $20,000 to eligible small businesses including hotels, motels, travel agencies, amusement and water parks, hunting and fishing camps, and recreational and vacation camps including children's overnight summer camps. Businesses must demonstrate they have experienced a minimum 20 per cent revenue decline and have less than 100 employees to qualify.