Cultus Lake Waterpark and adjacent Adventure Park have reopened on a limited basis, while some tourism businesses are more dependent on out-of-province visitors. (Cultus Lake Waterpark)

Cultus Lake Waterpark and adjacent Adventure Park have reopened on a limited basis, while some tourism businesses are more dependent on out-of-province visitors. (Cultus Lake Waterpark)

B.C. tourism industry seeks nearly half of COVID-19 recovery fund

Finance Minister has $1.5 billion to share in September

Tourist-related businesses have taken the worst effects of B.C.’s COVID-19 control measures, and they are asking for $680 million of Finance Minister Carole James’ $1.5 billion recovery fund to help them survive.

In a submission to the B.C. government released July 21, the Tourism Industry Association of B.C. notes that tourism is “the only industry almost entirely based on the discretionary movement of people,” with most of the sector shut down by federal and provincial government orders.

“The only way we can prevent generations of lost economic activity, jobs and tax revenues is by acting decisively now, with innovative and creative solutions that recognize the importance of this sector, which is the face and brand of British Columbia to the world and one of the strongest drivers of the B.C. economy,” said Vivek Sharma, chair of the TIABC.

James has indicated that the $1.5 billion recovery fund, part of the $5 billion borrowed to deal with the pandemic this spring, will be allocated in September. An online survey looking for public input wrapped up July 21, and business sector meetings will carry on for the rest of the summer.

RELATED: ‘We’re on the edge’ with 102 new COVID-19 cases

RELATED: Cruise ship cancellations have significant impact

TIABC is proposing a $475 million “working capital recovery grant” as the main strategy, to help tourism businesses return to profitability within 18 months. It would include low- or no-interest loans with extended repayment periods to bridge businesses as out-of-province tourism resumes on an uncertain timetable.

An additional $190 million is requested for adaptation costs, to help deliver tourism experiences with virus protection. Another $15 million is requested for B.C.-focused supply chains for accommodation, attractions, transportation, food services and retail.

TIABC reports the tourism sector had revenue of $20.4 billion in 2018, with 19,300 businesses and direct employment of 160,000 people.


@tomfletcherbc
tfletcher@blackpress.ca

Like us on Facebook and follow us on Twitter.

BC legislatureCoronavirus

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

An aerial shot of Cedar Valley Lodge this past August, LNG Canada’s newest accommodation for workers. This is where several employees are isolating after a COVID-19 outbreak was declared last Thursday (Nov. 19). (Photo courtesy of LNG Canada)
41 positive COVID-19 cases associated with the LNG Canada site outbreak

Thirty-four of the 41 cases remain active, according to Northern Health

Kitimat RCMP were requesting assistance locating 24-year-old Teah Wilken, who was last seen getting on a bus at City Centre Mall in Kitimat around 6:30 p.m. Monday (Nov. 23). Kitimat RCMP Facebook photo.
UPDATE: missing woman found safe at residence

Wilken last seen getting on bus at City Centre Mall in Kitimat around 6:30 p.m. Monday (Nov. 23)

Black Press file photo
Moose hit on Hwy 37 S

The collision happened Saturday (Nov. 21) and three people were taken to hospital

<em>Pixabay</em>
All I want for Christmas is…food!

The Kitimat Northern Sentinel wants to publish your holiday recipes

Cases have gone up in Northern Health in the past week, as they have all over B.C. (K-J Millar/Black Press Media)
Northern Health reports new highest number of COVID-19 cases in one day

Nineteen cases were reported to Public Health last Tuesday (Nov. 17)

Provincial health officer Dr. Bonnie Henry updates B.C.’s COVID-19 situation at the B.C. legislature, Nov. 23, 2020. (B.C. government)
B.C. daily COVID-19 cases hits record 941 on Tuesday

Further restrictions on indoor exercise take effect

(Ashley Wadhwani/Black Press Media)
Refuse to follow B.C.’s mask mandate? Face a $230 fine

Masks are now required to be worn by all British Columbians, 12 years and older

BC Teachers' Federation President Teri Mooring is asking parents of school-aged children to encourage the wearing of masks when possible in schools. (THE CANADIAN PRESS/Chad Hipolito)
LETTER: Teachers union encourages culture of mask wearing in B.C. schools

BCTF President Teri Mooring asks parents to talk with children about wearing masks in school

Prime Minister Justin Trudeau speak to the media about the COVID-19 virus outside Rideau Cottage in Ottawa, Friday, Nov. 20, 2020. THE CANADIAN PRESS/Adrian Wyld
Canada’s inability to manufacture vaccines in-house will delay distribution: Trudeau

First doses of COVID-19 vaccine expected in first few months of 2021, prime minister says

Join Black Press Media and Do Some Good
Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

Pamela Wright, a UNBC professor in the department of ecosystem science and management, is presented with the Mitacs Award for Exceptional Leadership - Professor, at a virtual ceremony today (Nov. 24) in recognition of her collaborative work with community partners and students to conserve Canada’s northern lands. (Photo submitted by Mitacs)
UNBC professor recieves prestigeous conservation award

Pamela Wright recognized for leadership in ‘breakthrough’ work on northern issues

Pamela Wright, a UNBC professor in the department of ecosystem science and management, is presented with the Mitacs Award for Exceptional Leadership - Professor, at a virtual ceremony today (Nov. 24) in recognition of her collaborative work with community partners and students to conserve Canada’s northern lands. (Photo submitted by Mitacs)
UNBC professor receives prestigious conservation award

Pamela Wright recognized for leadership in ‘breakthrough’ work on northern issues

(Pixabay)
All dance studios, other indoor group fitness facilities must close amid updated COVID-19 rules

Prior announcement had said everything except spin, HIIT and hot yoga could remain open

B.C. Liberal interim leader Shirley Bond speaks to reporters from Prince George via Zoom conference, Nov. 24, 2020. MLAs are being sworn in for the legislature session this week, many of them also by video. (B.C. legislature)
B.C. Liberal leadership contest will wait for election post-mortem

Interim leader set to face NDP on payments for COVID-19

Most Read