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Canadian Travel Plummets: U.S. Tariffs and Dollar Weaken Demand

6/11/2025

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Summary

Story summary

In May 2024, Canadian return trips plummeted by 24.2%, with American visits to Canada dropping 8.4%. The decline stems from U.S. tariffs and a weakened Canadian dollar, prompting airlines like Air Canada to cut flight capacity to popular U.S. destinations by 10%, reflecting the stark impact on travel demand.

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Story summary

In May 2024, Canadian return trips plummeted by 24.2%, with American visits to Canada dropping 8.4%. The decline stems from U.S. tariffs and a weakened Canadian dollar, prompting airlines like Air Canada to cut flight capacity to popular U.S. destinations by 10%, reflecting the stark impact on travel demand.