Same-day auto trips by Canadians to the US hit its highest level in almost seven years as the loonie surpassed parity with the dollar.
“At the same time, same-day car travel by U.S. residents to Canada hit a record low,” according to Statistics Canada.
The site reports Canadian residents took about 2.2 million same-day car trips to the US in a recent month, or 6% more than in the previous month.
With the average monthly value of the Canadian dollar in October at US $1.03, it was the highest number of same-day car trips to the US in one month since January 2001.
“Overnight car travel to the United States jumped 4.9% to 972,000 trips, the highest monthly level since September 1993,” says the site.
The number of overnight trips to Canada from overseas countries, however, has been slipping, but at the same time, travel by Canadian residents overseas rose 3.2% to 642,000 – the seventh record monthly high set in 2007.
Report by David Wilkening
