Province plans travel tax credit for tourism
Ontario's minister of tourism says the provincial government is creating a tax credit to help reinvigorate the travel industry. Last minute vacations, hotels, car rentals, tours and cruise holidays.
IT PAYS TO VACATION IN ONTARIO
Province plans travel tax credit for tourism
Ontario is creating a travel tax credit to help reinvigorate the province's tourism industry when COVID-19 restrictions are eased. Tourism Minister Lisa MacLeod said Thursday that the credit will allow for a 20 percent return on every dollar spent, and noted that the government has set aside $150 million for it.
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Ottawa
Ottawa is the capital of Canada, the second largest city in the Province of Ontario, and the fourth largest city in Canada. Located in the Ottawa Valley, the city lies in the eastern portion of Southern Ontario on the Ottawa River, a major waterway forming the local boundary between the provinces of Ontario and Quebec.
Niagara Falls
Niagara Falls is a city in Ontario, Canada. It is located on the western bank of the Niagara River in the Golden Horseshoe region of Southern Ontario, with a population of 82,997 at the 2011 census. The municipality was incorporated on 12 June 1903. Across the Niagara River is Niagara Falls, New York. The city is dominated by the Niagara Falls, a world-famous set of three large waterfalls on the Niagara River. The American Horseshoe falls can be best seen from the Canadian side of the river, so the city has one of the world's major tourist attractions. The natural spectacle attracts millions of tourists yearly. Apart from the river's natural attractions, it includes observation towers, high-rise hotels, souvenir shops, casinos and theatres, mostly with colourful neon billboards and advertisements, and sufficient parking to accommodate visitors. Further to the north or south, golf courses are operated alongside historic sites from the War of 1812.
Toronto
Toronto, a prominent centre for music, theatre, motion picture production, television production, is home to the headquarters of Canada's major national broadcast networks and media outlets. Its varied cultural institutions, which include numerous museums, festivals and public events, entertainment districts, national historic sites, and sports activities, are key attractions to the over 25 million tourists that visit the city every year. Toronto is well known for its skyscrapers and high-rise buildings, in particular the tallest free-standing structure in the Western Hemisphere, the CN Tower. As Canada's commercial capital, the city is home to the Toronto Stock Exchange, the headquarters of Canada's five largest banks, and the headquarters of many large Canadian and multinational corporations. Its economy is highly diversified with strengths in technology, design, financial services, life sciences, education, arts, fashion, business services, environmental innovation, food services, and tourism. Toronto is placed among the Global Leaders in the Global Financial Centres Index, and is also consistently rated as one of the world's most liveable cities by the Economist Intelligence Unit and the Mercer Quality of Living Survey.