Declining dollar having an impact on Canadians’ summer travel plans
Posted July 23, 2015 12:09 pm.
This article is more than 5 years old.
VANCOUVER (NEWS 1130) – The low loonie is starting to impact travel across the border.
Many Canadians are reassessing their vacation plans.
About two thirds of people across the country say the declining dollar has a “significant” or “medium” impact on their summer travels.
“What this really suggests is that there are a lot of people out there who maybe were thinking about going away and now with the dollar where it is, they’re really thinking about it twice,” says Mario Canseco with Insights West.
He notes people in Quebec and here in BC are feeling the greatest impact. “So, maybe this idea of driving down the I-5 to see the Mariners is probably not something that you’ll be doing in the next couple of weeks.”
One in five people who feel they have been impacted have already cancelled their trips across the border. Half say they will vacation somewhere in Canada instead.
