- Niagara Parks to receive one-time emergency stabilization grant of $12.81 million
- Funds will assist Niagara Parks with covering operational expenses related to COVID-19 and pursuing its mandate for cultural and environmental stewardship
- Announcement was made by the Honourable Lisa MacLeod, Minister of Heritage, Sport, Tourism and Culture Industries at Niagara Parks on Friday morning
Niagara Falls, ON – Niagara Parks will receive a one-time grant of $12.81 million from the Ontario Government, in order to ensure the financial sustainability of the organization, as it deals with the ongoing impacts of the COVID-19 pandemic on its operations and revenues.
The Honourable Lisa MacLeod, Minister of Heritage, Sport, Tourism and Culture Industries announced the funding during a virtual media conference, held at the Niagara Parks Floral Showhouse on Friday morning. She was joined by Niagara Parks CEO, David Adames, MPP for Niagara West, Sam Oosterhoff, and Niagara Falls Mayor Jim Diodati, for the announcement. Only speakers and essential support staff were present, with all media questions delivered via video conferencing, out of an abundance of caution and respect for public health guidelines.
As an operational enterprise agency, Niagara Parks is reliant on its revenue producing operations in order to fulfill its mandate for environmental and cultural stewardship, while functioning as a driver for tourism and economic success. Along with unprecedented impacts to its revenue streams, the COVID-19 pandemic has resulted in significant additional expenses for the agency, related to the implementation of new safety measures and protocols across its operations.
“Ontario’s heritage, tourism and culture agencies are important components of the province’s economic and social recovery,” said Minister MacLeod. “This has been an incredibly challenging time for our agencies, who have all taken immediate action to reduce costs where possible and help keep visitors safe. Our government is proud to support the Niagara Parks Commission, one of the most spectacular tourist attractions that Ontario has to offer.”
The grant will assist Niagara Parks with meeting its current financial obligations and continuing to deliver on its mandate while providing a necessary bridge for the organization leading up an eventual recovery for tourism in Ontario. “We are incredibly grateful for the support provided by our Ministry today, as we continue to navigate this unprecedented challenge for our industry” said David Adames. “Our recovery will take time, but we are on the right path, and these funds will allow us to make the necessary investments to ensure the proper maintenance of our assets, and the long-term financial stability of Niagara Parks.”
Quote from Niagara Parks Chair, Sandie Bellows “This year has presented the tourism industry with an unprecedented challenge, and at Niagara Parks we have been heavily impacted. We are so incredibly appreciative of the support we have received every step of the way from our Minister, Lisa MacLeod, along with our Minister of Finance, Rod Phillips, and of course our Premier Doug Ford. The grant announced by our Minister today will help us cover unanticipated costs like PPE and our other core financial obligations.”
Quote from Niagara Parks CEO, David Adames “We are incredibly appreciative of today’s announcement of financial support from our Minister, Lisa MacLeod. As the Minister has stated in the past, the tourism industry has been one of the hardest hit sectors by COVID-19, and will take the longest to recover. As an operational enterprise agency under the Ministry of Heritage, Sport, Tourism, and Culture Industries, located in Canada’s top leisure tourism destination, this support will enable Niagara Parks to deliver on our mandate, which includes the combination of being the environmental and cultural stewards of the Niagara River corridor and supporting tourism in Niagara and in Ontario. We look forward to emerging strongly in to 2021.
Quote from Minister Lisa Macleod “Our government is confident that, with this funding and as a world leader in their field, the Niagara Parks Commission will continue to contribute to the province’s double bottom line: strong economic growth, and a resilient cultural fabric that reflects the diversity and strength of Ontario’s communities.”
Media Assets from today’s announcement are available here.