Canadian return trips from the U.S. fell nearly 32% in May: StatCan
It's a pattern that's been consistent for multiple months in a row as the trade war has shifted the mindset of travellers from Canada and around the world.
Statistics Canada said on Wednesday that trips by Canadian residents returning from the U.S. in May fell 31.9 per cent compared with May 2024, and that's the fifth straight monthly year-over-year decline, while return trips from overseas increased by 8.9 per cent.
The report also shows that Canadians overall are travelling abroad less in 2025 than in previous years, with a 22.5 per cent decrease in trips outside the country's borders in May 2025 compared with the same period a year ago, which marks the fifth consecutive monthly year-over-year decline.
Story continues below advertisement
When looking month to month, May saw a decrease in trips abroad by just over three per cent from April.
Fewer Americans are taking trips to Canada as well, with May marking the fourth straight monthly drop in U.S. resident visitors, falling by 5.6 per cent compared with the same month in 2024.
2:03
European, Canadian cities popular destinations for summer travel: Pearson airport
What is leading to these travel changes?
Ever since the start of the trade war and U.S. President Donald Trump's tariffs, Canadian views of their southern neighbour have soured.
Story continues below advertisement
This may be rooted more in a sense of 'betrayal' by the Trump administration and tariffs, as the U.S. has long been Canada's closest ally in both trade, tourism and defence.
Get daily National news
Get the day's top news, political, economic, and current affairs headlines, delivered to your inbox once a day. Sign up for daily National newsletter Sign Up
By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy
The U.S. has noticed the drop in Canadian visitors, too, according to some senators who visited Ottawa on Monday, with one speaking directly to Canadian tourists, saying, 'We miss you.'
When some Canadians have the option to travel abroad, they may be looking more than before to places like Europe instead of the U.S., according to Statistics Canada.
Canadian resident trips by air from overseas countries increased by 9.3 per cent in May 2025 compared with one year earlier. That compares with a 17.4 per cent drop in trips by Canadian residents by air from the U.S., and a 37.4 per cent drop in trips by automobile from the U.S.
This boost in travel demand to places like Europe has been echoed by data from airlines and airports, and comes as more and more Canadians are choosing to travel domestically.
Canadians have responded to the trade war tensions with a renewed sense of patriotism that focuses on the local economy, where Canadians are being more particular about where their loonies are being spent.
Many are prioritizing supporting locally made and sourced products and services wherever possible.
Story continues below advertisement
The Canada Strong Pass was developed by the federal government as a way to make it easier for Canadians to access national parks, museums, galleries and Via Rail for free or at a reduced cost.
When first announced, Prime Minister Mark Carney, then the Liberal party leader, said the Canada Strong Pass was being launched 'at a time when our economy is under attack from President Trump.'
Carney added: 'We are a proud country – and united, we will strengthen our Canadian identity in the face of this crisis.'
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Cision Canada
26 minutes ago
- Cision Canada
First Mining Closes Upsized $24.4 Million Non-Brokered Private Placement
VANCOUVER, BC, Aug. 5, 2025 /CNW/ - First Mining Gold Corp. ("First Mining" or the "Company") (TSX: FF) (OTCQX: FFMGF) (FRANKFURT: FMG) is pleased to announce that it has upsized and closed its previously announced non-brokered private placement financing raising total gross proceeds of approximately $24.4 million (the " Offering"). Together with the previously closed public offering of $12.0 million on July 22, 2025 (the " Public Offering"), the Company raised a total of $36.4 million between the Offering and the Public Offering. Pursuant to the Offering, the Company issued 95,000,000 units of the Company (the " Units") at a price of $0.18 per Unit for gross proceeds of $17,100,000 and 33,350,000 flow-through units (the " FT Units") at a price of $0.22 per FT Unit for gross proceeds of $7,337,000. Each Unit will consist of one common share of the Company (a " Common Share") and one-half of one common share purchase warrant (each whole common share purchase warrant, a " Warrant"). Each FT Unit will consist of one FT Share (a " FT Share") and one-half of a Warrant. Each Warrant will entitle the holder to acquire one Common Share of the Company at a price of $0.27 per share at any time prior to the date which is 36 months following the applicable closing date of the Offering. Each FT Share will qualify as a "flow-through share" within the meaning of the Income Tax Act (Canada). The net proceeds from the sale of Units under the Offering will be used to advance First Mining's Springpole and Duparquet gold projects, as well as for general working capital and corporate purposes. The gross proceeds from the sale of FT Units will be used to incur eligible "Canadian exploration expenses" that qualify as "flow through mining expenditures" as such terms are defined in the Income Tax Act (Canada) (" Qualifying Expenditures") related to the Springpole and Duparquet gold projects on or before December 31, 2026. All Qualifying Expenditures will be renounced with an effective date no later than December 31, 2025 to the initial purchasers of the FT Units. All of the securities issued under the Offering are subject to a statutory hold period of four months and one day in accordance with applicable Canadian securities laws. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as such term is defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. About First Mining Gold Corp. First Mining is a gold developer advancing two of the largest gold projects in Canada, the Springpole Gold Project in northwestern Ontario, where we have commenced a Feasibility Study and permitting activities are on-going with a final Environmental Impact Statement / Environmental Assessment for the project submitted in November 2024, and the Duparquet Gold Project in Quebec, a PEA-stage development project located on the Destor-Porcupine Fault Zone in the prolific Abitibi region. First Mining also owns the Cameron Gold Project in Ontario and a portfolio of gold project interests including the Pickle Crow Gold Project (being advanced in partnership with Firefly Metals Ltd.) and the Hope Brook Gold Project (being advanced in partnership with Big Ridge Gold Corp.). First Mining was established in 2015 by Mr. Keith Neumeyer, founding President and CEO of First Majestic Silver Corp. ON BEHALF OF FIRST MINING GOLD CORP. Chief Executive Officer and Director Cautionary Note Regarding Forward-Looking Statements This news release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date of this news release. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "plans", "projects", "intends", "estimates", "envisages", "potential", "possible", "strategy", "goals", "opportunities", "objectives", or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions. Forward-looking statements in this news release relate to future events or future performance and reflect current estimates, predictions, expectations or beliefs regarding future events and include, but are not limited to, statements with respect to the use of proceeds from the Offering, the tax treatment of the FT Shares and the Company's plans related to its Springpole and Duparquet projects. All forward-looking statements are based on First Mining's or its consultants' current beliefs as well as various assumptions made by them and information currently available to them. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Such factors include, without limitation the Company's ability to close the Offering, the Company's business, operations and financial condition potentially being materially adversely affected by the outbreak of epidemics, pandemics or other health crises, and by reactions by government and private actors to such outbreaks; risks to employee health and safety as a result of the outbreak of epidemics, pandemics or other health crises, that may result in a slowdown or temporary suspension of operations at some or all of the Company's mineral properties as well as its head office; fluctuations in the spot and forward price of gold, silver, base metals or certain other commodities; fluctuations in the currency markets (such as the Canadian dollar versus the U.S. dollar); changes in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins and flooding); the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities, indigenous populations and other stakeholders; availability and increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development; title to properties.; and the additional risks described in the Company's Annual Information Form for the year ended December 31, 2024 filed with the Canadian securities regulatory authorities under the Company's SEDAR+ profile at and in the Company's Annual Report on Form 40-F filed with the SEC on EDGAR. First Mining cautions that the foregoing list of factors that may affect future results is not exhaustive. When relying on our forward-looking statements to make decisions with respect to First Mining, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. First Mining does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by the Company or on our behalf, except as required by law.
CTV News
26 minutes ago
- CTV News
PM Carney says he'll speak with Trump 'when it makes sense'
Prime Minister Mark Carney said, when asked about imposing retaliatory tariffs, that he hasn't spoken with U.S. President Trump 'in recent days.'
The Province
41 minutes ago
- The Province
Carney announces support measures for softwood lumber industry
The move comes as the U.S. ratchets up duties on Canadian softwood lumber as bilateral trade tensions rise. Published Aug 05, 2025 • Last updated 19 minutes ago • 1 minute read The move comes as the U.S. ratchets up duties on Canadian softwood lumber as bilateral trade tensions rise. Photo by TIM_KROCHAK / tim krochak KELOWNA — Prime Minister Mark Carney said Tuesday the federal government will grant a series of financial aid measures to Canada's forestry sector. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles by top sports columnists Patrick Johnston, Ben Kuzma, J.J. Abrams and others. Plus, Canucks Report, Sports and Headline News newsletters and events. Unlimited online access to The Province and 15 news sites with one account. The Province ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles and comics, including the New York Times Crossword. Support local journalism. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Exclusive articles by top sports columnists Patrick Johnston, Ben Kuzma, J.J. Abrams and others. Plus, Canucks Report, Sports and Headline News newsletters and events. Unlimited online access to The Province and 15 news sites with one account. The Province ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles and comics, including the New York Times Crossword. Support local journalism. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Carney is promising an aid package for the industry that includes $700 million in loan guarantees and $500 million for long-term supports to help companies diversify export markets and develop their products. The move comes as the U.S. ratchets up duties on Canadian softwood lumber as bilateral trade tensions rise. The U.S. Commerce Department recently announced it intends to hike anti-dumping duties on Canadian softwood to just over 20 per cent. That's a marked increase since the last time the U.S. reviewed the rate, which previously was just over 7 per cent. Carney also says the government will introduce a training program for workers which will include some $50 million for the forestry sector. On Monday, Carney toured the Canadian Forces Maritime Experimental and Test Ranges facility near Nanoose Bay outside Nanaimo with officials from the Canadian Navy. This advertisement has not loaded yet, but your article continues below. He toured the Royal Canadian Navy vessel Sikanni accompanied by Navy commander Vice-Admiral Angus Topshee and commanding officer Craig Piccolo from the testing facility. Carney on Sunday met with B.C. Premier David Eby and officials from the Vancouver Fraser Port Authority, but the meeting with the premier was closed to reporters. Carney also made a surprise appearance at the Pride parade in downtown Vancouver that day, where he was greeted with cheers from crowds that lined the parade route. The Prime Minister's visit to the province comes amid renewed tensions in the softwood lumber dispute with the U.S., which has placed anti-dumping duties on softwood lumber products that the B.C. Council of Forest Industries has condemned as 'unjustified and punitive trade actions.' More to come Read More World Vancouver Whitecaps Vancouver Canucks Music News
