Tourism spending in Canada grew 3.2 per cent in the third quarter, a sixth consecutive quarterly increase. Tourism gross domestic product (GDP) (+4.2 per cent) and jobs attributable to tourism (+3.7 per cent) also rose in the third quarter, reported Statistics Canada on Thursday.
“Despite the tourism sector’s continued recovery in the third quarter, tourism spending remains below (by 18.4 per cent) the fourth quarter of 2019 level, before the COVID-19 pandemic. Spending by international visitors was 32.2 per cent below pre-pandemic levels, a slower recovery than that of tourism spending in Canada by Canadians, at 13.5 per cent below pre-pandemic levels,” said the report.
Victoria Akvarel
“Passenger air transport (+5.8 per cent) contributed the most to the growth in tourism spending in the third quarter, followed by accommodation (+2.9 per cent) and food and beverage (+2.4 per cent) services.
“Tourism GDP grew 4.2 per cent in the third quarter, following a 20.9 per cent increase in the second quarter. Transportation services (+9.3 per cent) drove half of the growth. With economy-wide GDP up 0.7 per cent in the third quarter, tourism’s share of GDP edged up to 1.6 per cent. Overall, tourism GDP reached 80.7 per cent of its pre-pandemic level.
“Employment attributable to tourism rose 3.7 per cent in the third quarter, following an 11.3 per cent increase in the second quarter. The largest contributors to growth in the third quarter were employment in accommodation (+5.2 per cent), food and beverage (+2.5 per cent) and air transportation (+11.8 per cent) services. While tourism-related employment rose, overall employment in Canada declined 0.3 per cent in the third quarter. Therefore, tourism’s share of employment slightly increased to 3.2 per cent in the third quarter from 3.1 per cent in the second quarter.”
The report said tourism spending by international visitors was up 11.6 per cent in the third quarter, following a 72.6 per cent increase in the second quarter. Accommodation services (+11.7 per cent) were the main contributor to the third quarter’s increase. Tourism spending by international visitors accounted for 21.9 per cent of total tourism spending in Canada in the third quarter, up from 20.3 per cent in the second quarter.
(Mario Toneguzzi is Managing Editor of Canada’s Podcast. He has more than 40 years of experience as a daily newspaper writer, columnist, and editor. He worked for 35 years at the Calgary Herald, covering sports, crime, politics, health, faith, city and breaking news, and business. He works as well as a freelance writer for several national publications and as a consultant in communications and media relations/training. Mario was named in 2021 as one of the Top 10 Business Journalists in the World by PR News – the only Canadian to make the list)
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