US tourists flood Canadian ski towns due to affordable prices

dailymail.co.uk

US tourists are increasingly visiting Canadian ski towns like Banff and Lake Louise due to a weakened Canadian dollar. This decline is attributed to trade tariffs imposed by former President Donald Trump, making trips to Canada more affordable for Americans. The Canadian dollar is currently trading at 0.7 US dollars, continuing to drop amid ongoing trade tensions. In response, Canada has implemented new tariffs on US imports, including computers and sports equipment, as part of the escalating trade war. Recent developments include Ontario's decision to suspend a 25 percent electricity tariff on exports to the US, following negotiations with US officials. This move aims to ease tensions and avoid further tariff increases on Canadian steel and aluminum.


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