Tourism Industry Association of Canada 2025 Budget Submission

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The Tourism Industry Association of Canada (TIAC) has prepared a written submission for the Fall 2025 Budget pre-budget consultations. The document outlines six key recommendations to the Government of Canada aimed at accelerating long-term growth and strengthening the tourism sector's global competitiveness.

Tourism Industry Association of Canada's Six Recommendations

  • Recommendation 1: Implement a tailored Capital Gains Reinvestment Deduction to stimulate re-investment into capital-intensive tourism projects.

  • Recommendation 2: Streamline the Capital Cost Allowance (CCA) to incentivize tourism investment and modernization.

  • Recommendation 3: Develop a national, multi-modal transportation strategy that expands and enhances rural-urban connectivity and improves traveller access to and throughout Canada.

  • Recommendation 4: Increase Destination Canada's annual base parliamentary appropriation to generate additional positive returns on the Government's strategic investments in attracting international visitors and drive economic growth across the country.

  • Recommendation 5: Provide consistent funding for Destination Canada's International Convention Attraction Fund through an annual investment of $20 million.

  • Recommendation 6: Provide annual core funding to Tourism HR Canada (THRC) in support of vital workforce development needs through an annual investment of $3 million.

 
 
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