COVID-19 restrictions have hit the industry hard,” said Geoff MacLellan, minister of business.“Our large tourism operators are important to the growth of our sector.
By helping the larger operators, small and medium operators also benefit.“There are direct or indirect benefits for everyone.” Report looks into what the Halifax tourism sector could look like in summer 2021 The $50-million Tourism Sector Financing Assistance Program is designed to provide eligible operators access to debt financing, such as lines of credit or term loans issued by a chartered bank or the Business Development Bank of Canada.Tourism businesses that are eligible include resort, tour and scenic or sightseeing transportation operators with at least 100 full-time.