“We’ve seen a number of the model worth of the U.S. be eroded. There’s this animosity in the direction of travelling to the U.S.,” says Rahim Madhavji, president of KnightsbridgeFX, a Canadian foreign-exchange firm.
As snowbirds begin to flock house for the summer season, it’s not wanting like different Canadians will take their place. Canadian airways Air Canada and WestJet have seen a discount in cross-border bookings as travellers change to different locations, experiences journey trade website Open Jaw.
“Lots of people booked their March Break in December and January, and a number of snowbirds had determined what they had been doing previous to the U.S. tariffs occurring and the altering of the U.S.–Canada buying and selling relationship,” says Madhavji. “However you get the sense that exercise just isn’t going to be the identical a yr from now. We’re seeing Canadians begin to pivot. A part of it’s simply the loonie is so unhealthy—in the event you’re planning a Disney trip, you’re paying $1.43 on the common value. It’s largely unaffordable.”
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5 locations with a very good trade fee for Canadians
In the event you’re rethinking your individual journey plans, listed below are 5 locations that are reasonably priced for Canadians proper now. The trade charges beneath are present as of April 10, 2025, and all costs are in Canadian {dollars}.
Argentina
CAD$1 = $764.50 Argentine pesos (ARS)
Need to dine on steak and malbec, dance the tango, and cheer “Vamos, vamos!” with very enthusiastic fútbol followers? In that case, Argentina’s affordability could also be calling.
The loonie’s trade fee to Argentina’s peso has appreciated by about 17% since final yr, so that you’ll get much more bang on your buck in a vacation spot that was already fairly cost-friendly to Canadians. You’ll be able to simply discover four- or five-star resorts in Buenos Aires for lower than $100 per evening, and a steak dinner ranges from about $30 to $50 per individual.
In the event you go: Buenos Aires is known for its vibrant road artwork. Take a look at the longest mural on the planet by a single artist in BA’s Barracas neighbourhood. The town can also be well-known, in fact, for the tango. Head to the San Telmo district, the dance’s birthplace, for a lesson or a present.
