On the heels of solid growth in 2017, Canada’s tourism sector grew at a more modest pace in 2018 amid a slowing Canadian economy and mounting economic and political uncertainty around the globe. Fortunately, factors such as a favourable exchange rate for many international markets, increased direct air capacity, and Canada’s perceived safety as a destination counterbalanced some of the weaknesses in the economy.
This edition of Travel Exclusive summarizes the results from The Conference Board of Canada’s Tourism Sector Performance Monitor, which measures the performance of Canada’s tourism sector from a revenue perspective at both an industry level and a regional level.