“We’ve seen a whole lot of the model worth of the U.S. be eroded. There’s this animosity in direction of travelling to the U.S.,” says Rahim Madhavji, president of KnightsbridgeFX, a Canadian foreign-exchange firm.
As snowbirds begin to flock house for the summer season, it’s not trying like different Canadians will take their place. Canadian airways Air Canada and WestJet have seen a discount in cross-border bookings as travellers swap to different locations, reviews journey trade web site Open Jaw.
“Lots of people booked their March Break in December and January, and a whole lot of snowbirds had determined what they had been doing previous to the U.S. tariffs occurring and the altering of the U.S.–Canada buying and selling relationship,” says Madhavji. “However you get the sense that exercise just isn’t going to be the identical a 12 months from now. We’re seeing Canadians begin to pivot. A part of it’s simply the loonie is so unhealthy—should you’re planning a Disney trip, you’re paying $1.43 on the common value. It’s largely unaffordable.”
Discover the proper card with CardFinder
In beneath 60 seconds, get matched with a customized listing of the most effective bank cards primarily based in your spending character and approval chance. No SIN required.
5 locations with a great trade charge for Canadians
If you happen to’re rethinking your individual journey plans, listed here are 5 locations that are inexpensive for Canadians proper now. The trade charges beneath are present as of April 10, 2025, and all costs are in Canadian {dollars}.

Argentina
CAD$1 = $764.50 Argentine pesos (ARS)
Need to dine on steak and malbec, dance the tango, and cheer “Vamos, vamos!” with very enthusiastic fútbol followers? In that case, Argentina’s affordability could also be calling.
The loonie’s trade charge to Argentina’s peso has appreciated by about 17% since final 12 months, so that you’ll get much more bang in your buck in a vacation spot that was already fairly cost-friendly to Canadians. You may simply discover four- or five-star motels in Buenos Aires for lower than $100 per night time, and a steak dinner ranges from about $30 to $50 per individual.
If you happen to go: Buenos Aires is legendary for its vibrant road artwork. Take a look at the longest mural on the planet by a single artist in BA’s Barracas neighbourhood. The town can also be well-known, after all, for the tango. Head to the San Telmo district, the dance’s birthplace, for a lesson or a present.