LOWER VALUED LOONIE PROMPTING SNOWBIRDS TO RETHINK WINTER PLANS

Dec 04, 2015

By Jane Brown

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Some snowbirds are changing their plans.

A lower valued loonie is forcing many Canadians to rethink their annual winter excursions to the southern United States.

Visits by Canadians to the U.S. are forecast to be down by eight per cent this year and another one per cent next year.

In Florida, where 4.2 million Canadians vacation annually, Canadian visits are down 1.4 per cent for the first three quarters of the year.

Bill Talbert, president and CEO of the Greater Miami Convention and Visitors Bureau says the Miami market caters to more affluent Canadians typically, and so has not been as affected in the same way as in other parts of the state.

The Canadian dollar is hovering around 75 cents U.S. in value.

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