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Canadian tourism facing drop as Chinese visitors put off by Huawei CFO arrest

12/13/2018| 11:08:19 AM|

Canada aims to double the number of Chinese tourists by 2021 and an ongoing China-Canada Year of Tourism event.

Chinese netizens are calling for a boycott of tourism in Canada and some are even questioning the safety of visiting the country following the arrest of a senior Huawei executive.

Canada's tourism industry could face repercussions amid growing resentment over the country's action against Huawei Chief Financial Officer Meng Wanzhou, despite Canada's aim to double the number of Chinese tourists by 2021 and an ongoing China-Canada Year of Tourism event.

Some Chinese customers have been inquiring about safety issues regarding traveling to Canada, an ideal destination for ski vacations, an employee at leading Chinese tour operator CYTS told the Global Times on Wednesday. 

Individual companies can also be affected. Toronto-based Canada Goose Holdings has high hopes for the Chinese market, but it has seen its shares fall from $69 to $55 since Meng's arrest.

Experts said the incident is bad news for Canada's tourism development, as official data shows that China became Canada's No.1 source of overseas tourists during the first four months of 2018.

However, data from travel agencies has not yet shown any big change in the popularity of Canada. 

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TAGS: Chinese tourists | Canada
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