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Canadian dollar tops 80 cents for the first time since summer 2015
26 July 2017 (Edited )

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David Boggs President/CEO ACRO Global|Publisher Tourism Marketer
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Comments on Canadian dollar tops 80 cents for the first time since summer 2015
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Joined: 30 January 2012
Location: New England USA Web:

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Avatar David
Posted 27 July 2017:

This makes US vacations cheaper for Canadians and Canada vacations more expensive for Americans.

In the past 12 months the Loonie reached a low of $0.72721on 4 May 2017. Yesterday (27 July) it reached $0.80535.

So for Americans, in the past year Canada has been on sale at discounts ranging from around 28% in May to around 20% now. And Canadians have paid comparable premiums to visit the USA.

I don't think this currency fluctuation coming this late in the summer is going to have a great deal of effect on 2017 primary holiday plans of either Americans or Canadians.

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