The soaring loonie and international travel

Articles and reports: 11-010-X20050027773
Description:

The close link between our exchange rate and cross-border shopping has broken down since 2002. More broadly, this is part of a worldwide slump in travel to the US. Meanwhile, travel to Canada from overseas has risen sharply. The increasingly Asian source of this travel has favoured Western Canada as a destination.

Issue Number: 2005002
Author(s): Roy, Francine
Main Product: Canadian Economic Observer
Format Release date More information
HTML February 10, 2005
PDF February 10, 2005

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