Canada’s tourism spending was cut 48.1 percent in 2020 and tourism gross domestic product (GDP) plunged 47.9 percent, Statistics Canada said Wednesday.
Tourism was among the hardest-hit sectors of the Canadian economy in 2020 as a result of physical distancing measures to contain the spread of the COVID-19 pandemic in the country.
The country’s tourism spending in the first quarter of 2020 was stunted by the declaration of a global pandemic in mid-March and the accompanying physical distancing measures to prevent its spread.
The second quarter was almost entirely subject to these restrictions. Many restrictions were eased in the third quarter in conjunction with fewer COVID-19 cases, which provided more tourism spending…