An estimated $100 million of the funding is set for a new one-time Ontario Tourism and Hospitality Small Business Support Grant. The grant will provide between $10,000 and $20,000 to small businesses with fewer than 100 employees. This includes hotels, motels, travel agencies, amusement and water parks, hunting and fishing camps and recreational and vacation camps.
The other $100 million will be for a new one-time Ontario Tourism Recovery Program meant to protect critical jobs and sustain for-profit tourism businesses, which have had to fully or partially shut down during the pandemic. The program will launch later this year as employers adjust operations to reopen safely.
For more information, check out this news release.