Niagara Falls to Get Major Boost in 2026: Ontario’s New Multi-Billion-Dollar Tourism Plan Includes Amusement Park

Published on December 19, 2025

Niagara Falls, Ontario, one of the world’s most iconic natural landmarks, is poised to undergo a transformative change. The Ontario government has unveiled its ambitious Destination Niagara Strategy aimed at turning the area into a year-round, world-class tourism destination. This new vision includes the development of a multi-billion-dollar project that will introduce an amusement park, new luxury hotels, expanded casino options, and immersive cultural attractions—all designed to enhance the region’s tourism offerings and keep visitors coming back.

The goal is to attract 25 million visitors annually by 2026, significantly boosting the economy and creating thousands of jobs in sectors like hospitality, retail, and transportation. This ambitious plan signals Ontario’s commitment to making Niagara Falls not just a destination for a quick visit but a dynamic, vibrant hub for entertainment, culture, and adventure.

Building a World-Class Destination: Key Features of the Niagara Tourism Expansion

The centerpiece of this new strategy is the development of a large-scale amusement park, marking a significant expansion in family-friendly attractions. This new amusement park will join other popular sites such as the iconic Niagara Falls State Park and provide even more activities for visitors of all ages. The addition of thrilling rides, water parks, and interactive experiences will make Niagara Falls a more comprehensive destination for family vacations.

In addition to the amusement park, plans for the project include the development of luxury resorts that will cater to high-end travelers seeking relaxation and unmatched views of the Falls. The high-end resort offerings, designed to attract both international travelers and affluent domestic tourists, will help the region compete with other luxury destinations across North America.

One of the most exciting aspects of the project is the transformation of the historic Toronto Power Generating Station into a boutique hotel and multi-use visitor destination. This includes the addition of a museum, art gallery, spa, brewery, theatre, and event space, which is scheduled to open between 2027 and 2028. This project will provide an immersive cultural experience, allowing visitors to enjoy Niagara Falls from a new and artistic perspective.

Expanding Connectivity: New Flights and Transportation Developments

To support the anticipated increase in visitors, significant transportation improvements are also underway. New direct flight routes to South Caicos from major U.S. gateways like Miami are set to make travel to Niagara easier than ever. These changes will also include the expansion of highway access, a new ferry terminal, and upgrades to the Niagara District Airport to accommodate international flights.

The region’s tourism infrastructure is also set for a major overhaul. The introduction of GO Train services will offer easy access for tourists traveling from Toronto and other nearby cities, enhancing connectivity across the region. With better infrastructure, the Ontario government is positioning Niagara Falls as a must-visit destination for both international and domestic travelers.

Local Economic Benefits: Job Creation and Community Impact

The economic impact of this multi-billion-dollar project will be felt across the Niagara region. The Ontario government has promised that the development will create thousands of jobs in hospitality, construction, service industries, and tourism. Local businesses will benefit from the increase in visitors, providing opportunities for Bahamian-owned businesses and local vendors to participate in the growing tourism ecosystem.

At the event in early December, Sam Oosterhoff, Ontario’s Member of Provincial Parliament for Niagara West, highlighted how this project will contribute to the region’s long-term employment and community stability. Oosterhoff expressed optimism about the project’s potential to revitalize the economy, stating that it will not only attract more visitors from across North America but from around the world.

Cultural and Entertainment Offerings: More Than Just the Falls

One of the central goals of the Destination Niagara Strategy is to offer more than just the famous waterfall experience. The new developments aim to integrate the region’s rich cultural heritage with modern entertainment to provide visitors with an all-encompassing travel experience. The new attractions will feature an array of world-class performances, cultural festivals, and immersive arts exhibitions, enhancing the visitor experience.

In particular, the Niagara Takes Flight project, which attracted over 120,000 visitors, is an example of how cultural and artistic programs will contribute to the area’s appeal. As tourism continues to evolve, these projects highlight the importance of arts and culture in creating a well-rounded destination that attracts a diverse range of travelers

Looking Ahead: Niagara Falls as a Premier Global Destination

By 2026, Niagara Falls will have transformed into a global tourism powerhouse. With new hotels, family attractions, luxury resorts, and improved connectivity, the region will be ready to handle millions of visitors each year. The Destination Niagara Strategy positions the region to continue thriving as a luxury destination while preserving its status as one of the most iconic natural wonders in the world.

As the area prepares for these developments, local businesses, tourism stakeholders, and residents are all looking forward to the economic, social, and cultural benefits that will come with this unprecedented investment. Whether seeking adventure, luxury relaxation, or cultural exploration, Niagara Falls is set to offer something for everyone in the coming years.

Conclusion: A Future of Unmatched Travel Experiences at Niagara Falls

The Destination Niagara Strategy is setting the stage for a new era in tourism for Niagara Falls, with the expansion of luxury hotels, amusement parks, and cultural attractions. The upcoming developments will enhance the destination’s appeal to a global audience, reinforcing Niagara Falls as a top-tier destination for both luxury and family travel. With new flight routes, transportation improvements, and job creation, the Niagara region is poised for unprecedented growth, offering visitors a complete travel experience that will continue to evolve for years to come.