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Expanded Canada-Mexico Air Transit Agreement will attract travellers and augment trade

The announced expansion of the Canada-Mexico Air Transport Agreement is welcome news to Canada's travel industry.

"Mexico is an important source market with high demand for Canadian product. The expanded air agreement, combined with a new North American trusted traveller program, will go a long way to deliver more Mexican leisure and business travellers to more Canadian destinations," said President and CEO of the Tourism Industry Association of Canada (TIAC), David Goldstein.

"Canada is a trading nation, strengthened through the improved access to new markets opened through this government's aggressive trade agenda. With a few policy tweaks, the travel industry can play an effective role in advancing and amplifying Canadian export revenues," Goldstein added. 

A recent report from Deloitte focused on the productivity of trade and concluded that international travel is not just an important export sector in and of itself ($17B in currency exchange last year) but is a further driver of other trade and investment, in fact a 1% increase in arrivals to Canada generates $817M in Canadian export revenue.

"As Canada's largest service export sector and largest employer of Canadian youth, the travel sector is a key component to Canadian prosperity. We look forward to our continued work with the Ministers of Immigration and International Trade to an a barriers reduction plan to augment Canadian competitiveness and prosperity," concluded Goldstein.

About TIAC - Founded in 1930, the Tourism Industry Association of Canada is the only national organization representing the full cross-section of Canada's $84.8 billion tourism industry. TIAC's members include air and passenger rail services, airport authorities, local and provincial destination authorities, hotels, attractions and tour operators. TIAC is responsible for representing tourism interests at the national level, and its advocacy work involves promoting and supporting policies, programs and activities that will benefit the sector's growth and development.

Tourism Industry Association of Canada