02 Business Events: An Economic Driver of Tourism in Canada Canada’s business events sector represents conferences, conventions, trade shows, exhibitions, business meetings and incentive travel programs. [...] 03 Impact of the COVID-19 Pandemic on Tourism in Canada GDP Labour/Businesses Historically, Canada’s tourism sector One out of every 15 workers in Canada represents 2% of our country’s annual had a job related to tourism Gross Domestic Product (GDP) Tourism employment stood at 1,870,000 Tourism’s GDP contribution went from jobs in 2022 (down 11% from 2019) $43.6 billion in 2019 to $22 billion in 2. [...] from 2019) Permanent residents/ newcomers and youth (age 15-24) have long been a vital part of the tourism labour force -- each Tourism Demand/Spending group comprised about 30% of tourism workers in 2019 Tourism spending hit an all-time high of 218,000 businesses were in the tourism $105 billion in Canada at the end of 2019. [...] sector in 2022 (down 6.6% from 2020) By the end of 2020, this dropped to $53 billion Tourism spending in 2022 was around Economic Drivers $94 billion (down 11% from 2019) of Tourism Visitors to Canada The business meetings and events sector means big business in Canada, accounting for 242,000 direct jobs and contributing Canada welcomed a record 22 million $27.4 billion in direct GDP in 2019 inter. [...] If the right mix of financial support and other measures are put in place, we could achieve these objectives by 2030: Increase tourism’s GDP contribution Build the tourism workforce to 2.5 million by 40% -- from $43.6 billion in 2019 workers by adding 85,000 new direct jobs to $61 billion by 2030 to the sector Grow tourism spending in Canada to Welcome 30 million international $134 billion overnig.
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