• eat
  • shop
  • see
  • go
  • stay
  • daytrip
  • map
  • calendar
  • transport
  • weather
  • currency
  • tofrom

Spending in US by Canadians On the Rise

Photo by shiilo75

Statistics Canada has reported that Canada’s international travel deficit reached $3.9 billion during the second quarter, up 3.1 per cent from the previous quarter.

This is attributed to Canadians spending more in the United States than Americans are spending in Canada. Canadians spent $4.8 billion in the US, while US visitors to Canada spent $1.8 billion here.

It was also noted that the rise in the US deficit coincided with a sharp uptick in travel by Canadians to the US Also possibly contributing to the rise in dollars spent down south, during the second quarter the Canadian dollar rose by 1.8 per cent to an average value of US$1.03.

Leave a Reply