Events Industry Reaction to 2021 Federal Budget
In an interview with Corporate Meetings Network, MMBC chair Clark Grue gives the recent federal budget a B+ rating:
“The government did step-up with extensions of funding for CEWS and CERS, both good for the industry. Also, the additional funding for Destination Canada was positive. We are hopeful that it will allow Destination Canada to lean into the promotion of our country for the attraction of business events to Canada for 2022 and beyond.
“As we know, business visitors spend four times that of a leisure tourism guest but these business visitors are harder to attract and it takes longer to attract the events that bring them to Canada. We need to invest in 2022 to 2025 right now.”