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Stock impact report

Canadians still boycotting U.S. travel, costing the country billions in lost spending [Globe and Mail, The (Toronto, Canada)]

AIR FRANCE-KLM ADS (AFLYY) 
The number of U.S. visits by car and air fell 30.5% and 24% in October, marking the tenth straight month of travel declines. DARRYL DYCK/The Canadian Press The number of Canadian residents who returned by car from the U.S. fell to 1.4 million in October, a 30.5-per-cent drop from the same period in 2024, according to preliminary data from Statistics Canada The number of Canadians returning home from south of the border by air sank to 437,300, down 24 per cent. Growing aversion to America can be chalked up to political tensions over Trump's tariffs and 51st-state rhetoric, fear of potential treatment at the border as well as exchange rates – the loonie is worth about 71 cents US. Decoder: These provinces are boycotting U.S. travel the hardest Many travellers are looking beyond the States for getaways abroad. More than 964,000 Canadians flew back from overseas last month, a year-over-year increase of nearly seven per cent, Statscan said. The ramp-up is such that Canadians ga Show less Read more
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