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| ▲ | jpalawaga 3 hours ago | parent | next [-] |
| All of my personal network has stopped non-mandatory travel to the US. I wouldn’t be surprised people wouldn’t resist if their employer told them to go for business, but many Canadians are simply opting out of leisure travel to the United States. There are plenty of other places to travel is the rationale. besides, if a strong greenback was the reason for decrease of leisure, wouldn’t it also be responsible for a decrease in business travel, too? Certainly businesses are also bound to macroeconomic shifts. |
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| ▲ | mgh95 3 hours ago | parent [-] | | I don't know what to tell you but on the front of: > There are plenty of other places to travel is the rationale. besides, if a strong greenback was the reason for decrease of leisure, wouldn’t it also be responsible for a decrease in business travel, too? Certainly businesses are also bound to macroeconomic shifts. Canada has shockingly little choice when it comes to trade partners. They are literally physically attached to the US and trade is much simpler when working with the US, whether Canada likes it or not. CETA hasn't yet been ratified; Canada has bungled trade with China since harper; Mexico is at best a cheap labor destination that can replace India for Canada. The only real staying power Canada has is exporting raw materials, and even that effectively turns Canada into a resource extraction colony. That's not a happy ending, either. Canadian businesses have fewer options than many would like to admit, so it makes sense they are keeping up their economic activity with the US. | | |
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| ▲ | richardlblair 5 hours ago | parent | prev | next [-] |
| As a Canadian, living shoulder to shoulder with the very folks who used to frequently travel to the US (and being one myself). I firmly disagree. |
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| ▲ | mgh95 5 hours ago | parent [-] | | Ok; all I can say is what the statistics indicate. It seems like at least some Canadians accept assignments which result in business travel to the US. As with the OC, this may result in more desirable employees to Canadian employers who wish to continue to do business with the US, hence the original question. |
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| ▲ | an hour ago | parent | prev | next [-] |
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| ▲ | sjsdaiuasgdia 3 hours ago | parent | prev [-] |
| The left hand of the chart in the 2nd link provides some perspective for this year's numbers. July 2024 through Jan 2025, the YoY numbers are always in the 7%-9% range. Averages to 7.7% across those months. Feb 2025 to July 2025, there's only a single month (April) in that range. We've got 2 months at 1% YoY growth, one break even, and two negative. Those months average out to about 0.7%. If you include Jan 2025 to align to the calendar year 2025, you get 1.57%, which seems to be the number that becomes 'nearly 2 percent' in the text under the chart. While it is still positive growth, it's 20% of the YoY growth trend for several months heading up to 2025. If you take out Jan 2025 (2/3 of which Trump was not yet president), it's only 10%. |
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| ▲ | richardlblair 2 hours ago | parent [-] | | Their comment about Canada's trade prospects are very telling. They are trying to spin a false narrative (surprise surprise). | | |
| ▲ | mgh95 an hour ago | parent [-] | | In your opinion, what is false about it? Canada's growth segment in exports was minerals and tourism services. That's Canada's situation, unfortunately. |
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