World4d ago·40 sources
Canada Steadfast in Avoiding Travel to U.S., Buying More Domestic Goods
Research from the Bank of Canada indicates a sustained shift in Canadian consumer behavior, with a notable increase in spending on domestic products and local tourism, driven by anger over President Trump's trade policies. Statistics Canada data shows a 25% drop in trips to the U.S. by Canadians in 2025, while domestic travel increased by 4% with a 10% rise in spending. Transaction-level data from NielsenIQ reveals a modest but visible shift in food spending away from U.S. products towards Canadian ones, particularly in categories like coffee and fruit juice. This trend, fueled by trade policy uncertainty and rhetoric from the U.S. president, could impact Canada's GDP composition and inflationary pressures. The research suggests this 'Buy Canadian' movement remains solid, with no immediate signs of abating.