Canadian travel to U.S. cities plunges sharply in 2025, hurting tourism and business

Data from the University of Toronto School of Cities indicates that Canadian travel to the United States contracted sharply in 2025, with a median 42% year-over-year decline across major metros. Las Vegas saw a 17.4% drop in Canadian tourists, while Dallas and Grand Rapids recorded declines of about 50% and 53% respectively, affecting both leisure and business trips. Analysts link the trend to growing Canadian resentment toward U.S. policies, including a 25% tariff on Canadian imports imposed by President Donald Trump and recent threats of additional taxes.

One outlet's poll found 58% of Canadians view the United States as an unreliable ally, and the Center for Economic and Policy Research estimated up to 42,000 jobs lost in U.S. establishments heavily dependent on Canadian visitors. Despite the travel slump, Canadian investors poured $59.9 billion CAD into U.S. equities and debt in early 2025. Experts warn the pattern could herald a broader economic pullback from a historic partner.