Strapped American travellers shun Canada
By Anne Howland, CanWest News Service
OTTAWA -- Americans hit by a housing recession
and accompanying turmoil in mortgage and credit
markets stayed away from Canada in droves in July,
sending travel stats from the U.S. to Canada to
their second-lowest level since record-keeping
began in 1972, Statistics Canada reported this
week.
A Canadian dollar approaching par with the
U.S. greenback didn't help either, the agency added.
After four straight months of growth, overnight
travel from the U.S. to Canada fell to its lowest
level in more than four years in July, the agency
said. Americans made 1.1 million overnight trips
to Canada, 81,000 fewer than in June or about a
7.1-per-cent decline -- the fastest drop in more
than four years.
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