Ontario Government Delaying Staycation Tax Credit ‘Til 2022
July 2, 2021 ctn_admin
GLOBEANDMAIL – Ontario has scrapped its staycation summer, delaying a $150-million tourism tax credit that was supposed to spur provincial residents to splurge on local vacations this year.
The credit was first announced by the Doug Ford government in late 2020 and promoted again in the spring budget, with the idea of rolling it out this summer. But a third wave of coronavirus infections derailed that plan, with the government concluding earlier this month it didn’t make sense to launch a tourism push while public-health restrictions pulled in the other direction.
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