Overview

• April 2025 saw the sharpest declines yet in Canadian travel to the U.S., with car trips down 35% and air travel down 20% compared to the same month in 2024, according to Statistics Canada.
• The sustained boycott, triggered by tariffs and annexation rhetoric from President Trump in February, has led to four consecutive months of declining Canadian visits to the U.S.
• The U.S. is projected to lose $12.5 billion in international travel spending in 2025, a 7% decline year-over-year, making it the only major economy to experience a tourism revenue drop this year.
• Canadian travelers are increasingly choosing alternative destinations such as Mexico, Europe, and Asia, while U.S. airlines and travel firms are reducing cross-border capacity.
• Travel by U.S. residents to Canada has also fallen, with April car trips down 10.7% and air arrivals down 5.5%, further straining cross-border tourism ties.