(TAN): Canada’s travel & tourism sector continues to show strong signs of post-pandemic recovery, according to the World Travel & Tourism Council (WTTC)’s 2023 Economic Impact Research (EIR).
The sector is set to contribute USD 162.6 billion to the Canadian economy this year, up 17.2% from last year and within touching distance of the previous peak of USD 173.9 billion in 2019.
WTTC is also forecasting that the sector will create 90,000 jobs this year, recovering almost all of the jobs lost due to the Covid-19 pandemic to reach 1.64 million. Employment levels are also within touching distance of the 2019 high point.
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WTTC President and CEO Julia Simpson said: “Travel & tourism is recovering strongly in Canada with high visitor demand. The sector is a vital driver of economic growth and job creation in Canada with cities such as Vancouver, Toronto and Montreal remaining must-see global destinations for international visitors. As overseas visitors continue to return to Canada, we will see international visitor spending recovering quickly, to reach 2019 levels in the coming years.”
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