ACTA Releases FAQ on Budget 2022 and End of Financial Subsidies

Wendy Paradis, President, ACTA.
Wendy Paradis, President, ACTA.

Following the release of the Canadian 2022 Federal Budget and the end of the temporary financial support programs Ottawa instituted for COVID relief to be phased out on 07MAY 2022, the Association of Canadian Travel Agencies (ACTA) is aiming to clarify the situation and provide additional context through a newly public FAQ.

Topics covered in the FAQ include, among others:

  • What is the status now of financial subsidies for travel agencies, travel agents and independent travel agents?
  • What is the significance of the federal budget?
  • Why did the federal government not create new independent travel agent financial subsidies?
  • What’s next for our industry?

ACTA further said it received some comments from travel agencies and independent travel agents expressing disappointment about the end of federal financial subsidies.

“ACTA is also disappointed-- but not surprised-- as there were many signals coming from the government close to the federal budget release that COVID related subsidies were ending,” said Wendy Paradis, ACTA President.

She added: “ACTA understands some travel agencies and independent travel agents are disappointed and understandably upset that financial subsidies were not included in the federal budget. At this point, it is clear that further pursuing financial subsidies after a definite ‘no’ is not in our members’ interest, when there is no reasonable prospect of success. We also do not want to give travel agencies and independent travel agents false hope.”

For more information, visit ACTA's web site.

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