A few days ago
carboy_carlover

why would the High canadian dollor affect american vistors to canada tell me 2 travel barriers plz??

2 travel barriers of how the high canadian dollor would the american vistors to canada

Top 3 Answers
A few days ago
DePop Arts

Favorite Answer

Well, the Canadian / U.S. exchange rate is currently the worse it’s been in nearly 30 years. It’s been running between 3 and 7% for the past few months. I check it every day because my son attends college in Canada and the exchange rate impacts how much I pay for his tuition in American dollars.

I just drove back from his Canadian campus and can tell you that his is how I work it in my head:

When there, the exchange rate was in our favor by 5%. I pay 5% in state taxes for goods and some services. The province I was traveling in has a 14% combined (government / provincial) tax for goods and some services. Therefore, I was paying an extra 9% just to make purchases in Canada (14% Canadian taxes minus the 5% exchange rate).

Gas is another major expense. I was paying $1.09 for an imperial gallon, which was much greater than what I’m used to paying for a U.S. gallon of gas in my state. If you consider that about 5 years ago the exchange rate was 40% in our favor, then now is not the ideal time to travel to Canada “for the heck of it.”

That said, in my specific case, my son is getting a high quality international education at a very reasonable cost, despite the exchange rate nearly flat-lining. So, it’s financially sounds for me (and him) to travel back and forth for the remainder of his acaemic career. So, I guess everything is relative, eh?

But, I regress. The bottom line? I would consider the two major barries as the inequity between our two country’s tax structures and gas prices, thus the dramatic drop in the exchange rate can’t make up for the extras you pay to travel across the border.

Below is the website I check every day to check on the exchange rate. I hope this help.

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A few days ago
bellereve04
The exchange rate is a huge barrier. If the Canadian currency is strong, then it would cost more American dollars for equal to one Canadian dollar. This would make it more costly to travel in Canadian.
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4 years ago
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In my stories they benefit from the ordinary points of Canada probably the most… adopted up by means of small anamolies they do not discover int he US. Most I’ve encountered in Southern Alberta are simply particularly genuinley curious about exploring….. and on the grounds that so much areas on this province don’t seem to be particularly marketed, it is form of a deal with sharing well spots with them… giving them recommendations telling them what, and what to not do, and so forth. I do not feel I’ve ever met person who used to be disenchanted…. alot of them arise right here to discover what’s “Canada”, and grow to be going again somewhat bit extra careworn then whent howdy got here haha. I have not met person who did not a minimum of revel in their keep and garner a brand new determined admire for his or her neighbours to the North. I particularly discover that for the period of Rememberance Day…. there is a heavy belief that we’ve got on no account made any army sacrifices… more often than not they’re very humbled whilst each person wears Poppies and respects our troops… it is cool to look I consider. It’s matters like that they revel in… the ones small variations. They like watching at our cash and evaluating to their possess… they snigger at phrases like “loonie”, and so forth… .it is kinda cool. When they pass to the mountains within the iciness they are additionally more often than not amazed on the bloodless haha.
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