Canadians reduced travel spending to the U.S. by $3.3 billion in 2025
The Hill · July 28, 2026Original source ↗
What happened
According to a report from Statistics Canada, Canadians spent $18.8 billion on trips to the U.S. in 2025, marking a $3.3 billion decrease from previous years. The decline in travel spending coincides with political changes in the U.S.
Why it matters
This decline in travel spending may impact the U.S. economy, particularly sectors dependent on tourism from Canada.
Who feels this
If you rent your home
A decline in Canadian travel spending may lead to reduced demand for rental properties in tourist areas in the U.S., potentially impacting rental prices and availability.
If you are a small business owner
Small business owners in the U.S. who rely on Canadian tourists for sales may see a decrease in revenue due to the reduced travel spending.
If you are a retiree
Retirees who travel to the U.S. for leisure may find fewer opportunities or higher costs associated with travel, affecting their ability to enjoy vacations.
What does this mean for YOU, specifically?
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