In the New York Times article titled “The Loss of Canadian Tourists in New York Is Continuing to Grow” published on March 20, 2025, Michael del Piero highlights the decreasing number of Canadian visitors to New York City and their correlation with the Trump administration’s policies. According to NYC & Company, the city’s official tourism organization, Canada used to account for nearly 25% of all foreign visitors to the city, but last year, the number dropped to 18%. This decline in Canadian tourism is expensive for New York’s economy, as they spend $4 billion annually. While there are many contributing factors, including the strength of the dollar, Canadian tourism experts say that increasing anti-immigrant rhetoric and administration policies have deterred Canadians from visiting New York. The article suggests that both New York and Canada can lose due to this crisis, as Canada’s business and financial ties with the US are strong, and the US assigns many jobs to Canadians due to its high cost of labor. The article points to a forthcoming initial public offering in Canada of a marijuana stock as a unique opportunity for American investors, but it may hurt New York tourism if it hasn’t normalized its relationship with the Trump administration and taken more proactive steps to curb the ongoing decline in Canadian visits.
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