{"id":289163,"date":"2025-11-13T13:21:09","date_gmt":"2025-11-13T13:21:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/289163\/"},"modified":"2025-11-13T13:21:09","modified_gmt":"2025-11-13T13:21:09","slug":"canadians-are-still-shunning-the-united-states-and-its-starting-to-hurt","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/289163\/","title":{"rendered":"Canadians are still shunning the United States \u2014 and it’s starting to hurt"},"content":{"rendered":"\n

Donald Trump<\/a> doesn\u2019t like trade deficits<\/a>, but in one corner of the U.S. economy he may be helping to create one.<\/p>\n

For the first time since the global pandemic locked down the world in 2020, international travellers coming into the United States are forecast to decrease and a boycott by Canadians is being cited as the main reason why.<\/p>\n

The U.S. Travel Association predicts<\/a> that travel to the United States will fall to just 85 per cent of 2019 levels this year and travel spending by international visitors will drop by 3.2 per cent, a US$5.7 billion loss from last year.<\/p>\n

\u201cSignificantly fewer visits from Canada are the primary driver of this decrease, and the volume of visits from countries other than Canada are expected to be flat,\u201d said the report.<\/p>\n

\u201cWith outbound international travel continuing to grow, the travel trade deficit for 2025 is tracking to reach nearly $70 billion.\u201d<\/p>\n

Angered by President Trump\u2019s tariffs<\/a> and his comments about Canada as the 51st state, many Canadians have been boycotting U.S. travel.<\/p>\n

Last month 30 per cent fewer crossed the border into the United States by vehicle than the year before \u2014 the 10th straight month of declines, Statistics Canada said Wednesday<\/a>. Trips to the U.S. by air are down 24 per cent.<\/p>\n

\" Statistics Canada <\/p>\n

Travel and tourism<\/a> is important to America. Last year the industry contributed US$2.6 trillion to the economy and supported more than 20 million jobs.<\/p>\n

According to the International Trade Administration, every 40 visits by foreigners supports one U.S. job.<\/p>\n

The U.S. Travel Association expects international travel to rebound in 2026 as America hosts the FIFA World Cup with Canada and Mexico and celebrates its 250th birthday. In 2028, Los Angeles hosts the Summer Olympics.<\/p>\n

But it cautions that the U.S. risks further decreasing international visits with potential increases to visa fees, longer wait times for visa approvals and \u201cnegative sentiment towards the U.S. in key markets.\u201d<\/p>\n

With Black Friday<\/a> just around the corner, retailers along with tourism operators are likely to feel the pain of their absent neighbours.<\/p>\n

Traditionally, many Canadians have made the trip to the United States for the annual shopping spree, but if the current trend holds, their numbers will be down this year.<\/p>\n

\"\" <\/p>\n

Introducing FP West: Energy Insider, a new subscriber-exclusive newsletter from the Financial Post Western Bureau. Get behind the oilpatch\u2019s closed doors with exclusive insights from insiders every Wednesday morning. Sign up now.\u00a0<\/a><\/p>\n

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\"\" \"\" <\/p>\n

The Toronto Blue Jays hit Canadian entertainment spending out of the park in October.<\/p>\n

According to Royal Bank of Canada\u2019s consumer spending tracker<\/a>, most of the spending strength last month came from entertainment and arts, and almost all of the increase was in Ontario, which hosted four of seven World Series games. The Jays lost to the Los Angeles Dodgers in the final game of the series.<\/p>\n

\u201cThe Blue Jays in the World Series provided a notable lift to discretionary spending, particularly in Ontario, underscoring consumer appetite for experiences even amid economic headwinds, said RBC economist Rachel Battaglia.<\/p>\n

Along with the Jays, spending in entertainment and arts has been surging as a category ever since provincial rules on online gambling were relaxed, she said.<\/p>\n

\"\" <\/p>\n

Prime Minister Mark Carney to make an announcement regarding nation-building projects<\/p>\n

Earnings: AtkinsRealis Group Inc., Brookfield Corp., Hydro One Ltd., H&R Real Estate Investment Trust, Stantec Inc., Peyto Exploration & Development, South Bow Corp.<\/p>\n

\"\"<\/a> \"\" \"\"<\/a> \"\"<\/a> <\/p>\n

Donald Trump\u2019s trade war and rising unemployment have left Canadians cautious about spending heading into the holiday season, and that has big retailers turning up the volume on bargains. Commerce giants like Amazon.com are rolling out Black Friday deals early, and offering deeper discounts, says analyst Bruce Winder. Learn more about the latest retail trends here<\/a><\/p>\n

Are you worried about having enough for retirement? Do you need to adjust your portfolio? Are you starting out or making a change and wondering how to build wealth? Are you trying to make ends meet? Drop us a line at\u00a0wealth@postmedia.com<\/a>\u00a0with your contact info and the gist of your problem and we\u2019ll find some experts to help you out while writing a Family Finance story about it (we\u2019ll keep your name out of it, of course).<\/p>\n

Want to learn more about mortgages? Mortgage strategist Robert McLister\u2019s Financial Post column <\/a>can help navigate the complex sector, from the latest trends to financing opportunities you won\u2019t want to miss. Plus check his mortgage rate page<\/a> for Canada\u2019s lowest national mortgage rates, updated daily.<\/p>\n

Visit the Financial Post\u2019s YouTube channel<\/a> for interviews with Canada\u2019s leading experts in business, economics, housing, the energy sector and more.<\/p>\n

Today\u2019s Posthaste was written by Pamela Heaven<\/a>\u00a0with additional reporting from Financial Post staff, Canadian Press and Bloomberg.<\/p>\n

Have a story idea, pitch, embargoed report, or a suggestion for this newsletter? Email us at\u00a0posthaste@postmedia.com<\/a>.<\/p>\n

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