A weaker Canadian dollar and rising U.S. traveler demand could fuel a tourism boom in 2025, even as domestic travel faces economic challenges. Tourism contributes 1.55% of Canada’s GDP and employs 669,000 people. While Americans made up 78% of foreign visitors in 2023, domestic travelers still drive 76% of revenue. A weaker dollar may attract more international tourists, boosting spending, though domestic travel depends on economic conditions. Despite uncertainties, 2025 offers hope for a strong tourism rebound in Canada.
Anamika Chauhan is a Senior Content Writer at TBO Academy. Specializing in B2B content, she works closely with the marketing team to bring out the outlook about the industry in her write-ups. Connect with her on LinkedIn or write to her at anamika.chauhan@tbo.com