There used to be a 0% chance of being tossed on a plane and deported somewhere else in the world when visiting the US. That chance is now non-zero, which is an unacceptable level of risk for many.
That and everything else going on. There's a reason Canadians have stopped traveling down south...
Meanwhile, total spending in the US from int'l visitor tourism is up in the US (see: https://www.hotel-online.com/press_releases/release/internat...).
Honestly, I think macro factors -- namely, poor Canadian household finances due to increasing cost of living and declining real incomes in Canada coupled with a strengthening US dollar against the Loonie -- are what are killing tourism from CAN to US right now.
There are plenty of other places to travel is the rationale. besides, if a strong greenback was the reason for decrease of leisure, wouldn’t it also be responsible for a decrease in business travel, too? Certainly businesses are also bound to macroeconomic shifts.
I firmly disagree.
July 2024 through Jan 2025, the YoY numbers are always in the 7%-9% range. Averages to 7.7% across those months.
Feb 2025 to July 2025, there's only a single month (April) in that range. We've got 2 months at 1% YoY growth, one break even, and two negative. Those months average out to about 0.7%. If you include Jan 2025 to align to the calendar year 2025, you get 1.57%, which seems to be the number that becomes 'nearly 2 percent' in the text under the chart.
While it is still positive growth, it's 20% of the YoY growth trend for several months heading up to 2025. If you take out Jan 2025 (2/3 of which Trump was not yet president), it's only 10%.
You are disingenuous and spreading a false narrative. Look at that graph's growth numbers. Look at it.
9,8,7,7,8,8,7, Trump takes office, 1, -5, 8, 1, 0, -1. 6mo average from 7.5 to 0.6%.
A seven percent drop to near a zero average propped up by one historic looking value. But 0.6 _is_ "up" so you can be technically correct.