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Hotel Industry Expects $7 Billion in Government Subsidies

Industry Wins Support to Be Included in Rent Subsidy Program; Money to Come in December
The Hotel Association of Canada launched the Coalition of Hardest Hit Businesses at the Chateau Laurier in Ottawa in September. Its goal is to extend the government's wage subsidy. (CoStar)
The Hotel Association of Canada launched the Coalition of Hardest Hit Businesses at the Chateau Laurier in Ottawa in September. Its goal is to extend the government's wage subsidy. (CoStar)
CoStar News
November 24, 2020 | 8:51 P.M.

Federal government programs that will divert about $7.2 billion to the hotel industry are expected to prevent almost one-third of Canadian hoteliers becoming unable to cover their bills by the end of this month.

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