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Festivals and occasions are a serious contributor to the Canadian financial system bringing thousands and thousands of holiday makers to our nation every year. The ripple results of those actions play a key function in supporting our tourism and hospitality sectors. The Authorities of Canada is dedicated to revitalizing main occasions and festivals and the hard-hit tourism trade, whereas strengthening communities and native economies.
Right this moment, the Honourable Helena Jaczek, Minister chargeable for the Federal Financial Growth Company for Southern Ontario (FedDev Ontario), introduced a mixed funding of over $9.3 million to assist the return of Tennis Canada’s National Bank Open match. This funding is supplied via the Major Festivals and Events Support Initiative.
Tennis Canada operates the lads’s and ladies’s Nationwide Financial institution Open offered by Rogers tournaments, with the occasions alternating yearly between Montréal and Toronto. As a result of COVID-19 pandemic, Tennis Canada canceled all tournaments in 2020 and operated with restricted attendance in 2021.
The Authorities of Canada, via FedDev Ontario, is offering a non-repayable funding of over $9.3 million to assist the return of the Nationwide Financial institution Open to Toronto from August 6-14. This funding helps match enhancements, resembling infrastructure upgrades to accommodate extra followers and enhancements to product choices, together with the supply of the UNMATCHED: Gender Equity in Sports Conference, that includes world-renowned tennis champion Billie Jean King, to happen August 10. Right this moment’s announcement is a part of an almost $20-million funding in Tennis Canada, which features a $10-million non-repayable funding, additionally introduced right this moment by the Canada Economic Development for Quebec Regions to assist the lads’s Nationwide Financial institution Open match in Montréal.
These investments will allow occasion organizers to securely welcome guests and be higher positioned for long-term success, whereas offering spillover financial and job advantages to companies throughout the area.
Quotes
“Main festivals and vacationer sights, resembling Tennis Canada’s Nationwide Financial institution Open match are very important to the native financial system attracting a whole lot of 1000’s of holiday makers yearly to southern Ontario. By the Main Festivals and Occasion Assist Initiative, the Authorities of Canada helps these organizations bounce again from the pandemic and drive native financial progress to the area.”
– The Honourable Helena Jaczek, Minister chargeable for the Federal Financial Growth Company for Southern Ontario
“Main occasions and festivals are very important for the native financial system. The Nationwide Financial institution Open attracts a whole lot of 1000’s of holiday makers every year to Toronto, Montréal and the encircling space, producing important revenues and creating jobs all through the area. Right this moment’s funding is not going to solely assist Tennis Canada get well from the pandemic, but in addition place itself for future progress by bringing high-level expertise, elevated tourism revenues for native companies and financial progress within the area.”
– The Honourable Pascale St-Onge, Minister of Sport and Minister chargeable for the Financial Growth Company of Canada for the Areas of Quebec
“Our festivals and sporting occasions are an necessary technique of conveying our tradition and heritage in Ontario and all throughout Canada. With assist from the Main Occasions and Festivals Assist Initiative, our cultural and sporting occasions can proceed to draw guests from throughout and create good jobs domestically.”
– The Honourable Pablo Rodriguez, Minister chargeable for Canadian Heritage
“We’re very grateful for the monetary assist given to us by CED and FedDev Ontario. Whereas the previous two years have been difficult for our group because of the pandemic, the help supplied by the Authorities of Canada will enable Tennis Canada to make important enhancements to its amenities. Along with enhancing the standard of our two worldwide occasions in Montréal and Toronto, which proceed to develop in reputation, the upgrades made to our venues may also enable us to optimize fan expertise for years to come back and contribute to broaden our potential to draw tourism and due to this fact drive financial worth.”
– Gavin Ziv, Senior Vice President, Skilled Occasions at Tennis Canada.
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