Ontario won’t make staycation tax credit permanent despite calls from industry
A joint report earlier this week from the Ontario Chamber of Commerce and the Tourism Industry Association of Ontario said the sector won’t fully recover until 2025 and suggested dozens of ways the provincial and federal governments could help.Those recommendations included permanently keeping the staycation tax credit, which allows Ontarians to claim 20 per cent of eligible accommodation expenses, such as hotel or campground stays, in order to encourage local travel.
Green Party Leader Mike Schreiner says the Progressive Conservative government is abandoning the tourism industry. “To take away incentives that benefit both the tourism industry, and families needing a bit of help to be able to travel our beautiful province during a time of high inflation, truly makes no sense,” he wrote in a statement.
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