Canadians Are Ditching the U.S. — The $20 Billion Travel Boycott

America's biggest tourism customer is staying home. In 2024, Canadians made 20.4 million visits to the United States and spent about $20.5 billion. Since early 2025 — tariffs, "51st state" talk, a weak Canadian dollar and new border rules — that traffic has fallen off a cliff: Canadian return trips from the U.S. down 25.4% in 2025, Florida's Canadian visitors down, Las Vegas down 17.4%, and Canadian airlines have cut roughly 450,000 U.S. seats in a single quarter. Where is the money going instead? Mexico, the Caribbean, Europe — and Canada itself. This video breaks down the verified numbers, who is winning, who is losing, and the first signs of a thaw.