Inbound and Outbound Canadian Travel Increases

November 29, 2004

Inbound and Outbound Canadian Travel Increases
November 29, 2004 – According to the Tourism Industry Association of Canada, Canadian travel abroad is up for the month of September. Canadian residents took almost 3.5 million trips abroad, a 4.3 percent increase from August and the first monthly gain since April 2004. Of this total, an estimated 499,000 trips were to countries other than the United States, up 10.8 percent from August and an all-time high.

An estimated 3.3 million foreign visitors arrived in Canada in September and more than 2.9 million United States residents travelled to Canada. Travel was also up in eight of Canada’s top 12 overseas markets with travel from South Korea (up 45.8 percent) and Hong Kong (up 13.6 percent) posting the largest advances, while travel from Switzerland and the Netherlands posted the largest declines.

In September, the value of the Canadian dollar rose for the fourth consecutive month as it reached 77.7 US cents, its highest level since the summer of 1993.

For more information, visit http://www.tiac-aitc.ca/.