Overview
- In July, Canadian automobile crossings to the U.S. fell about 37% year-over-year, while air travel declined nearly 26%, extending a seven-month downturn.
- Overall crossings of Canadian residents and non-residents totaled 6.3 million in July, down 15.6% from a year earlier.
- For the first time in over a decade, more Americans entered Canada than Canadians traveled south in June and July.
- Tariffs, tougher border measures and contentious presidential rhetoric have driven the policy-linked boycott underpinning the travel slump.
- Tourism analysts caution that each 1% drop in international visitor spending costs the U.S. $1.8 billion, putting over $20 billion in annual export revenue at risk.