Travel Exclusive: Key Trends for the Travel Industry July-August 2009

Despite the current economic downturn and its negative effects on tourism demand, Canada’s tourism sector continues to face the looming spectre of tighter labour markets over the medium and long term. The rapid deterioration of economic conditions since the fall of 2008 has eased labour shortages for now. But as economic conditions improve, fuelling growth in demand for tourism services, the imbalance between labour supply and demand will begin to expand again.