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Canadian Tourism Sector Outpaces National Economic Growth – Image Credit Unsplash
- Tourism contributed $50.8 billion to Canada’s GDP in 2024.
- Tourism export revenue increased by 7% year-over-year.
According to Destination Canada, Canada’s tourism sector experienced significant growth in 2024, contributing $50.8 billion to the nation’s GDP. This represents 1.8% of the overall GDP and a 3.6% increase from the previous year, surpassing the national GDP growth rate of 1.7%.
Tourism export revenue increased by 7%, maintaining its position as Canada’s second-largest services export. The sector supports over 265,000 businesses across 5,000 communities nationwide. Additionally, 1 in 10 workers in Canada are employed in tourism-related industries.
In 2024, tourism activities generated $129.7 billion in revenues, equating to $350 million per day. This marks a 3.5% increase from 2023. The Canadian tourism sector is projected to continue its growth trajectory, aligning with Destination Canada’s 2030 strategy.
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