Canada’s tourism industry has suffered a significant downturn as the trade war between Canada and the U.S. continues to escalate. According to recent data, travel between the two countries has plummeted by nearly 20% since the trade tensions began. This decline is expected to have a ripple effect on the US economy, particularly in states that heavily rely on Canadian tourism.
Andrew Chang explains that the decline in travel is not just an economic issue, but also affects Canadians living and working in the U.S. Expats and students returning home may find their skills in high demand as a result of the trade war’s impact on the global market.
Source: https://www.cbc.ca/player/play/video/9.6720619