Trade
US CITIES LAUNCH CHARM OFFENSIVE AS CANADIAN TOURISM PLUNGES 25% AMID TRADE TENSIONS
BearishTrade
A sharp deterioration in US-Canada relations has caused a 25% drop in Canadian visitors to the United States compared to 2024 levels, with spending down by C$3.3 billion in 2025. In response to new US tariffs and political friction, American cities including New York and Las Vegas are rolling out discount programs to lure back Canadian tourists. The decline threatens a market that saw Canadians spend over $1bn in New York City alone in 2024.
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