theguardian_business

Canadians spent $3.3bn less on travel to US in 2025 after Trump’s return to office

📰 source: theguardian_business · 💼 business

canadians spent $3.3bn less on travel to the us in 2025 than the year before, as donald trump's hostile policies took a toll. total spending fell to $18.8bn from $22.1bn, according to statistics canada. but canadian overseas spending rose $3.6bn to $22.8bn, with visits to europe up 14% and asia up 17%. return trips by vehicle and plane dropped about 25% overall, with the steepest decline in july — down a third. the agency said the drop was the deepest and most sustained since digital records began in 1972, only seen before after 9/11. early 2026 data shows the trend continuing, with travel levels similar to late 2025's 27% decline.

the shift appears structural, with canadian travelers choosing other destinations over the us in protest of tariff threats and annexation rhetoric.

why it matters: canadian travel boycott of us signals real economic cost of hostile trade policy and annexation threats.

source: theguardian_business
sentiment: -0.30 · impact: 0.40

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Surprise fall in US jobs last month as slow summer continues

Homes are selling below asking in 38 of the 50 biggest U.S. cities—if you can afford one

China is gaining ground in AI. But the U.S. still has a major advantage

US strikes $1.2bn deal to pay German firm to halt offshore wind projects