The Government of Canada is investing $30 million to support destination marketing organizations across the region: Helping businesses weather the pandemic.
The COVID-19 pandemic has had a profound economic impact on businesses and organizations across the country. The tourism sector in particular has suffered, as travel and tourism-related activities have ceased. From the outset, the Government of Canada has introduced measures to support sectors affected by the pandemic, including the Regional Relief and Recovery Fund (RRRF), launched on May 13.
The national $962-million fund, being delivered through Canada’s regional development agencies, aims to support businesses and tourism SMEs across Canada that have been unable to access existing federal relief measures. In southern Ontario, FedDev Ontario is delivering $213 million to support the region’s SMEs.