International Convention
Attraction Fund
The International Convention Attraction Fund (ICAF) is designed by Destination Canada to demonstrate financial commitments in bids for Canadian cities to host major international conventions in Canada. The purpose of the fund is to provide financial commitments in the bid / consideration phase—thereby encouraging decision makers to choose Canada. The ICAF offers support of up to $1 million per event for eligible Canadian destinations bidding to host major international business events.
International business events, if hosted in Canada, can be strategic tools for unleashing tourism’s potential to drive economic growth, attract investment and foster job creation in all regions of the country.
$649.8 Million
Total Direct Economic Impact
257,044+
Total Overnight Delegates
$44.8 Million
Total Direct Federal Impact
5,414+
Workers
Total Program Since Launch March 2024
22:1
ROI
201
Eligible Event Applications
15
Destination Marketing Organizations
8
Provinces
87
Events Won
$98,686,478
Anticipated Direct Economic Impact
739
Anticipated Direct Full-time Employees Supported
$7,159,233.43
Anticipated Direct Federal Tax Revenue
39,157
Anticipated Overnight Delegates
$3,258,151.00
Committed Funding Amount
$36,132,113
Anticipated Direct Economic Impact
349
Anticipated Direct Full-time Employees Supported
$2,395,907.15
Anticipated Direct Federal Tax Revenue
16,599
Anticipated Overnight Delegates
$2,410,000
Committed Funding Amount
$122,423,570
Anticipated Direct Economic Impact
1,030
Anticipated Direct Full-time Employees Supported
$8,514,022.90
Anticipated Direct Federal Tax Revenue
53,500
Anticipated Overnight Delegates
$4,887,000
Committed Funding Amount
$6,265,446
Anticipated Direct Economic Impact
49
Anticipated Direct Full-time Employees Supported
$400,055.66
Anticipated Direct Federal Tax Revenue
2,675
Anticipated Overnight Delegates
$810,000
Committed Funding Amount
$13,953,821
Anticipated Direct Economic Impact
118
Anticipated Direct Full-time Employees Supported
$939,597.77
Anticipated Direct Federal Tax Revenue
4,700
Anticipated Overnight Delegates
$2,364,000
Committed Funding Amount
$15,437,895
Anticipated Direct Economic Impact
137
Anticipated Direct Full-time Employees Supported
$1,003,513
Anticipated Direct Federal Tax Revenue
6000
Anticipated Overnight Delegates
$1,000,000
Committed Funding Amount
$1,742,367
Anticipated Direct Economic Impact
19
Anticipated Direct Full-time Employees Supported
$113,448.18
Anticipated Direct Federal Tax Revenue
600
Anticipated Overnight Delegates
$120,000
Committed Funding Amount
$1,379,109
Anticipated Direct Economic Impact
12
Anticipated Direct Full-time Employees Supported
$87,468.39
Anticipated Direct Federal Tax Revenue
660
Anticipated Overnight Delegates
$120,000
Committed Funding Amount
$1,878,982
Anticipated Direct Economic Impact
13
Anticipated Direct Full-time Employees Supported
$138,169.72
Anticipated Direct Federal Tax Revenue
720
Anticipated Overnight Delegates
$362,480
Committed Funding Amount
$1,191,244
Anticipated Direct Economic Impact
10
Anticipated Direct Full-time Employees Supported
$78,338.56
Anticipated Direct Federal Tax Revenue
900
Anticipated Overnight Delegates
$120,000
Committed Funding Amount
$524,468
Anticipated Direct Economic Impact
5
Anticipated Direct Full-time Employees Supported
$35,124
Anticipated Direct Federal Tax Revenue
220
Anticipated Overnight Delegates
$17,500
Committed Funding Amount