What's harder to quantify is the actual impact on spending and travel. Today, Statistics Canada released its cross-border report for February and it shows a real impact, though not as large as touted in some reports.
The bad news is that auto and same-day travel is more indicative of real-time decisions, as air travel is often booked months in advance. It suggests we will see poor Canada-to-US travel in March and beyond.
Weather alone in Feb 2025 likely caused a 5–15% reduction in cross-border trips, or around one-third of the same-day auto trip decline. Along those lines, US auto trips to Canada were also down 6.5% y/y in February with same day down 7.0% m/m despite a very strong USD/CAD in the month.
This article was written by Adam Button at www.forexlive.com.Hence then, the article about canadian travel to us shows shows a steep decline was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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