Alberta is aiming to more than double the size of its visitor economy by 2035. Alberta Premier Danielle Smith on Valentine’s Day presented a new long-term tourism strategy to help Alberta’s visitor economy reach $25 billion per year by 2035. The province saw a record $10.7 billion in tourism spending, an increase of $600 million from 2019. “We’re going to do this by prioritizing sustainable and responsible development, such as all-season resorts, which will give Alberta tourism operators even more of a competitive edge,” Smith said at a press event in Jasper. The St. Albert Gazette said one of the Read more
mergers
It’s a new day in Canadian aviation, as WestJet has been cleared to take over Sunwing Vacations and Sunwing Airlines. But the Trudeau government is imposing conditions, and also is pledging to strengthen Canada’s weak airline passenger protection laws. Minister of Transport Omar Alghabra today announced that following Transport Canada’s assessment of the public interest, the Government of Canada has approved the acquisition of Sunwing Vacations and Sunwing Airlines by WestJet Airlines Ltd., subject to strict terms and conditions that are in the interest of Canadians. The minister said Ottawa’s assessment of the propsed deal incorporated the findings of the Read more
Two of Canada’s largest travel companies are proposing a major merger. WestJet and Sunwing announced today that they have reached a definitive agreement under which the WestJet Group of companies will acquire Sunwing Vacations and Sunwing Airlines. “The transaction will bring together two distinctly Canadian travel and tourism success stories to deliver new travel options and greater value for travellers in the rapidly expanding leisure and work-from-anywhere travel markets,” officials said. “The combination will enable both companies to protect and create jobs and rebuild strength in the Canadian travel industry at a critical time.” Robert Kokonis, president of Toronto-based AirTrav, Read more
