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    Home»Travel & Tourism»CA Travel & Tourism»Destination Canada, ‘Team Canada’ open the door to global investment
    CA Travel & Tourism

    Destination Canada, ‘Team Canada’ open the door to global investment

    News DeskBy News DeskMarch 23, 2026No Comments3 Mins Read
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    Destination Canada, ‘Team Canada’ open the door to global investment
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    Destination Canada and partners showcased Canada’s tourism investment opportunity to an international audience of investors at MIPIM 2026, the world’s leading real estate and investor event, which attracts more than 20,000 delegates from 90 countries representing over $6.3 trillion (€4T) in assets.

    The 30-member ‘Team Canada’ delegation — representing destinations and organizations from Vancouver, Tahltan, Kamloops, Winnipeg, Ottawa, Toronto and the Cape Breton region — met with global investors and developers throughout the event to advance opportunities in accommodations, infrastructure, mixed-use developments and regenerative tourism experiences across the country.

    Momentum from Canada’s strong reputation and growing global interest made this the right time for ‘Team Canada’ to show up.

    As competition intensifies globally for investment and visitor demand, MIPIM provided a platform to position Canada’s tourism sector as a compelling opportunity for international capital.

    Gracen Chungath, Senior Vice President, Investment and Destination Development, Destination Canada, said: “Canada’s Moment continues. The level of interest in Canada from investors and media across the real estate, hospitality and mixed-use sectors at MIPIM exceeded our expectations.”

    Canada’s tourism outlook is strong and tourism is a high growth export, with fast returns. The sector is poised to be a major contributor to Canada’s goal to double non-US export growth, adding $300 billion (€185B) by 2035.

    As one of Canada’s largest export services sectors, tourism can generate 8-10% of Canada’s $300 billion (€185B) target. And it’s tariff-free.

    Tourism is projected to grow at more than twice the rate of the broader Canadian economy, with $134 billion (€83B) in projected revenue by the end of 2025. Annual revenues are expected to grow to $178 billion (€110B) by 2030 — a goal that will require significant investment in new tourism assets and infrastructure.

    Chungath said that: “The collective approach we took at MIPIM across jurisdictions, levels of government and the public and private sectors will continue to guide this work. That approach will help reinforce investor confidence and create long-term opportunities that support tourism development and grow Indigenous tourism across Canada.”

    The onsite MIPIM Awards also recognized excellence in Canadian projects, including Toronto’s The Well, which was named a finalist in the mixed-use development category.

    The nomination highlighted how investors can participate in Canada’s growth through projects that bring together food, retail, culture and commerce to create vibrant destinations that benefit communities and the broader economy.

    As international travel demand continues to rise and long-term investment strategies evolve, Destination Canada is confident in the sustained and growing interest in Canadian tourism investment, as evidenced by the strong engagement at MIPIM 2026.

    Go to www.destinationcanada.com for more.

    PHOTOS courtesy of Destination Canada 



    Destination Canada
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