Source Feed: The Globe and Mail
Author: Dayne Patterson
Publication Date: August 25, 2025 - 20:02
Americans are spending more money in Canada, but Canadians aren’t returning the favour
August 25, 2025
While Canadians have been choosing to keep their loon-crested dollars in the country, data suggest that Americans have been spending more money on tourism expenditures north of the border than in past years.
From January to March, U.S. residents spent about $2.5-billion in Canada on tourism-related expenditures such as accommodations, food and entertainment, a more than 27-per-cent increase from the same period last year, according to preliminary data from Statistics Canada released Monday. Most of those trips have been for personal reasons, up to $2.03-billion from $1.65-billion in the same time period.
Unpublished Newswire
The Consumer Price Index, measuring inflation for consumer goods and services, was measured at 1.9 per cent in August by Statistics Canada.
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Costco has issued a recall for a Kirkland brand sparkling wine due to a risk of the glass bottles spontaneously shattering.
In a letter to customers who’ve purchased the item between April 25 and Aug. 26 this year, the retail giant said unopened bottles of Kirkland Signature Prosecco Valdobbiadene, so named for the Italian town where its foundational grapes are grown, can break “even when not handled or in use.”
It advised customers not to open any bottles and dispose of them immediately by “wrapping the unopened bottle in paper towels and placing it in a plastic bag before placing...
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