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Canada's Tourism Boom: Record Spending & Growth

Published 1 day ago
Description

Canadas tourism industry outpaced the overall economy in 2025, with a 2.2% annual growth rate compared to 1.6% economy-wide. International visitors fueled this expansion, increasing their spending by 3.6% in Q4 to $6.4 billion, accounting for 24% of total tourism spending. Despite earlier slumps in U.S. travel, domestic spending surged, reaching a record $59.9 billion from May to August. As Ottawa promotes initiatives like free national park access, tourism emerges as a vital economic force for the coming year.

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