Tourism an Policy Planning Report 2022

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Tourism an policy planning April 12
2020

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Introduction
Tourism is to travel for desire. Tourism is also for business. People from different
countries work in the tourism industry and earn well. Tourism can be of two kinds domestic and
international. Domestic tourism is travelling within the residing country. International tourism is
travelling outside residing country. The concept of tourism business involves accommodation,
entertaining tourists, and providing quality jobs in the tourism sector. The tourism industry has
become a significant basis of revenue for many provinces and all-inclusive countries. TIABC is
insisting municipal politicians across B.C. and the native government to grow and impose
guidelines to handle the increase of short-term vacation rental (STRs). The government has
identified there is no one resolution to this difficult issue of STR’s. TIABC recommends
province eliminating the exemption on PST and the MRDT that proprietors receive under current
regulation on less than four rooms. TIABC wishes native administrations to advance and impose
their own society regulations on short-term rentals to convince property owners to lawfully
propose rooms on rent and level the playing arena for traditional housing providers who pay
significant provincial and business taxes. This report will discuss the TIABC recommends to
eliminate the exemption of the taxes. This report will analyse the policy instruments practiced in
TIABC’s recommendations to eliminate PST and MRTD exemption. Further, this report will
express the implications of the creation of policies designed for the municipal instead of
provincial policies in either the municipal or the provincial levels. This report will analyze the
concept of tax exemption and will develop and recommend the policy that will assist in
addressing the lack of affordable accommodations for tourism workers. Although the provincial
government currently allows PST and MRDT on short-term accommodations, this report has
assumed that there is still an exemption on PST and MRTD in the tax provinces.
Tourism
Tourism is the procedure of spending time away from home in chase of relaxation and pleasure.
Tourism involves use of the commercial provision of services. Tourism is a product of modern
social activities. Tourism first began in Western Europe in the 17th century. Tourism has its
backgrounds in classical antiquity. Tourism can be understood from exploration of different
countries. Tourism edges with other doings, interests, and procedures, comprising, pilgrimage.

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Tourism provides rise to categories such as business travel, sports travel, and medical travel.
Tourism provides understanding and helps people to build perception and intelligence through
exploring new places.
Report study
This report is prepared through analysing the tourism industry association of B.C.
According to the report, TIABC is insisting politicians all over the B.C. to enhance and
implement guidelines to deal with the issue of the creation of STR’s accommodations in masses
of communities across the jurisdiction. In a conference in UBCM, victoria, delegates had a
discussion over the reducing unaffordable rental pool in many societies that have caused
difficulty in attracting new employees in the tourism industry pool. TIABC proposed the
authority can eliminate the exemption on PST and MRDT that property proprietors receive under
current guidelines on less than four rooms. Many other discussions took place at the conference.
The below-given report will analyze the report and discuss particular topics. The Tourism
Industry Association of BC has visualization for the travel sector. The visualization is "tourism
sector to be recognized as one of British Columbia's leading businesses" (TIABC, TIABC CALLS
ON CIVIC GOVERNMENTS AND THE PROVINCE TO IMPLEMENT , 2016).
Tourism industry of Canada
The tourism or travel industry includes 10% of Canada’s workforce. The Canadian
tourism industry workforce involves 1.8 million workers in 200,000 workstations (Canada,
2019). Tourism sector involves accommodations, food services, travel facilities, and
transportation. Tourism businesses generate approximately 5% of Canada’s GDP (Narayan,
2010). Vacation industry is identical to Canada's uniqueness. It highlights consistency, endorses
attachment and diversity, and contributes to ethnic and heritage preservation. The vacation
industry is overtaking the development in many parts worldwide. Investment in the growth of
travel products and services is an investment in jobs that help restructure communities and
generate economic success. Tourism can construct significant service that is available to
everyone, growing contribution rates in global economy; the tourism division has become
Canada’s workshop for fresher. The Canadian tourism industry delivers rich learning practices
that benefit persons gain social skills. Tourism draws many individuals looking for their first

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work knowledge and experience in Canada. It charms many more young adults seeks
opportunities that will support lifestyle needs. The only issue is when an individual starts to
travel and they find accommodations unaffordable. In Canada, travel sector is source of business.
The travel industry provides vital incentive to Canada’s commercial growth. Travel industry in
Canada is a blooming business.
Policy instrument analysis
TIABC sponsors the welfares of British Columbia's $13 billion-plus vacation industry
frugality. TIABC works with private sector tourism and marketing organizations collaboratively
(TIABC, 2019).
In day-to-day life, people go through many challenges. People go through challenges at
every phase of their life let it employment, daily surviving, and fight for daily necessities.
TIABC recently insisted British Columbia's politicians imposed guidelines to deal with STR’s
accommodation in many countries. Municipalities, regional districts, and eligible entities apply
the MRDT tax on sale of short-term housing in areas of British Columbia (Morgan, 2016).
Short-term accommodation helps the residents that have entered for a short period due to
employment. A high-priced rental pool in the community has caused visitors to leave the area
and created difficulties for them to stay and work. It is also essential for the community to attract
employees and expensive accommodations are making employees leave. Both taxes when
implied on the accommodation service increase the rent and it becomes unaffordable for the
people.
There are many ways to generate capital in tourism. One of the most effective
instruments to capitalize can be participating in convention expos and present the company in the
market. Presenting the company in the market will provide direct promotion to the company.
Conventions in the local markets allow the company to present their products to the consumers
directly. These conventions happen in local location and these gives opportunities to the
companies to advertise about their products. Through these conventions, companies deal with the
customers directly, gain their attention, and earn huge profits. Companies can send direct
invites to particular investors as well to check out their booth in the convention.