Type of Intervention: Financial and Economic
Sectors Involved: Tourism
Intervention Categories: Finance policy and financial aid; Stimulus packages and financial support
Level of Jurisdiction: Newfoundland and Labrador
Lead People/Agency: Bernard Davis
Overview: In support of Stay Home Year 2020, the Honourable Bernard Davis, Minister of Tourism, Culture, Industry and Innovation recently visited several operators who received support from the new $25 million Tourism and Hospitality Support Program. The Tourism and Hospitality Support Program allows eligible tourism operators to apply for a one-time, non-repayable contribution of either $5,000 or $10,000, dependent on gross sales.
Full details here: https://www.gov.nl.ca/releases/2020/tcii/0722n02/
Type of Justification: Advice of EXTERNAL expert advisor or advisory committee
Source of Evidence or Justification: Government of Newfoundland and Labrador
Evidence/Justification: Due to the stay at home orders, this financial assistance program aims to support tourist operators.