Americans are spending more money in Canada, but Canadians aren’t returning the favour

While Canadians have been choosing to keep their loon-crested dollars in the country, data suggest that Americans have been spending more money on tourism expenditures north of the border than in past years.

From January to March, U.S. residents spent about $2.5-billion in Canada on tourism-related expenditures such as accommodations, food and entertainment, a more than 27-per-cent increase from the same period last year, according to preliminary data from Statistics Canada released Monday. Most of those trips have been for personal reasons, up to $2.03-billion from $1.65-billion in the same time period.