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Published 10 days ago

‘Trying not to die’: Tourism operators face heavy debt, even as business roars back

  • The Canadian tourism sector has not fully recovered from the impact of COVID-19, with businesses, including Maple Leaf Adventures, carrying heavy debt loads.
  • Maple Leaf Adventures reports its heaviest debt load in 38 years.
  • Tourism Industry Association of Canada CEO Beth Potter urges the federal government to establish a new low-interest loan program to support the industry.
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