The relatively low Canadian dollar will make your travel plans a little more expensive this winter, as experts are saying that the low dollar will only push up prices for Canadians. After the extreme cold weather last winter, it may not be what Canadians are hoping to hear.
“At this point we are anticipating that the average price for a Canadian heading south to Mexico or Caribbean will increase,” said Jason du Sautoy of Flight Centre in Toronto. “And that’s not just a question around the U.S. dollar.”
For example, the prices at resorts in Cuba have seen double-digit increases for accommodations, as more Americans are seeking out the island-country due to fewer restrictions on travel. The higher demand is also being seen in other Caribbean countries, as the US Dollar remains strong. To counteract the recent drop in the Canadian dollar, vacation destinations in the U.S. have offered cash and other incentives, trying to lure tourists south of the border.
“Our Canadian dollar-at-par program is a big deal,” said Richard Savage, who represents the Jackson Hole Mountain Resort in Wyoming. The resort’s program offers Canadian par on lodging, lift tickets and a $200 airline credit for travel during the early part of season.
Do you have any travel plans for this upcoming winter?
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