Letter to Premier Wynne cautions against the impact on tourism
On January 30th, 2017, the Ontario Chamber of Commerce (OCC) sent a letter to Ontario Premier Kathleen Wynne cautioning against the imposition of a four percent hotel tax in Toronto, as requested by Toronto City Council. Tourism Toronto, the organization integral to supporting and growing tourism in the region, derives the majority of its budget from a voluntary Destination Marketing Program in partnership with the region’s hotels. A hotel tax could put this source of revenue, and tourism promotion activities in the region, at risk.
As outlined in the OCC’s recent report, Closing the Tourism Gap, the tourism industry plays a vital role in supporting the growth of the province’s economy by supporting nearly 372,000 jobs and generating over $26 billion in GDP. The government’s recently released strategic framework, Growing Tourism Together, aspires to drive tourism growth in Ontario that meets or exceeds global growth over the next five years. As a province, we should be working collectively to achieve this vision.