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American tourists flock north as Canadian dollar plummets

from By Katherine Radin

Canada's economy has been sliding for months due to plunging gas and oil prices, and it was recently declared that the country is indeed in a recession. As Canadians watch the value of their dollar decline, they are also witnessing a boom in their tourism industry. In recent months, Americans have been coming to Canada in record numbers, looking to make use of the increased value of their dollar. What does this tourism boost mean for operators and the industry as a whole? more

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