EDRD 3500 Lecture Notes - Lecture 33: Caribana
3 Apr 2018
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Document Summary
Recreation and park services are often the catalyst for tourism, a growing sector of our economy. Investments in environmental protection through the provision of parks and open spaces pay for themselves. In addition, in unit 1 we looked at several examples that highlighted the economic impacts of recreation and tourism opportunities on a community level. By way of another example, let us look to the niagara escarpment that provides a natural site for many recreation and tourism activities. From an economic perspective, many small businesses would not exist without the revenue that outside visitors provide to the local economy. In addition, jobs in these businesses may partially exist because of tourism. Breakfasts, for example, exist because of the revenue that visitors provide. Many of the special events such as festivals (e. g. , elmira maple syrup. Festival, caribana in toronto) or sports events (e. g. , grand prix in. Montreal, marathon in toronto etc. ) provide revenue to local businesses.
