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About the Canadian currency?
Right now, the Canadian money is worth about $ 1.08 comparing the value of the American dollar. Do you think the tourist industry will suffer in Canada because of this?
I remember some years ago the Canadian dollar was worth only 60 cents american and the snowbirds kept going to Florida just the same! I also remember how some american people did not even want to accept ONE CANADIAN PENNY, as if it was garbage! This was not nice! I don't think Canadian people would do that now! What is your opinion on that?
1 Answer
- HighlandboundLv 61 decade agoFavorite Answer
A stronger Canadian dollar will certainly have an impact on the number of tourists visiting Canada. It used to be that tourist would go to Canada because it was cheap, with the falling US dollar that has changed now.
Source(s): Senior Financial Controller