$119 Million
62 Million (2023)
2.1 Million (2024)
Germany’s GDP growth forecast remains at 0% for 2025 and 0.9% for 2026, with inflation expected to decline below 2% later this year. US tariffs and uncertainty could weigh on corporate investment, but recession is likely to be avoided.
On this page:
Competitor Comparison
Air Travel
Economic Indicators
Traveller Characteristics
Indicator | Quebec | Ontario | Alberta | BC | Canada |
|---|---|---|---|---|---|
Expenditure | $91 Million | $191 Million | $119 Million | $363 Million | $0.9 Billion |
Share of total national expenditure (2023) | 11% | 21% | 15% | 43% | - |
Indicator | Quebec | Ontario | Alberta | BC | Canada |
|---|---|---|---|---|---|
Expenditure | $100M | $210M | $120M | $339M | $0.8B |
Share of total national expenditure | 12% | 25% | 14% | 40% | - |
Indicator | 2023 | 2024 Estimated | 2025 Forecasted | 2026 Forecasted |
|---|---|---|---|---|
GDP - per capita (US$) | $53,560 | $55,341 | $55,102 | $57,366 |
GDP - YoY Growth Rate | -0.1% | -0.1% | 0% | 0.9% |
Exchange Rate (CAD/EUR) (annual average) | $1.46 | $1.48 | N/A | N/A |
Unemployment Rate (annual average) | 5.7% | 6% | 6% | 5.5% |
Annual inflation | 5.9% | 2.3% | 2.1% | 1.8% |
Why won't travellers come here? | |
|---|---|
Cost | 46% |
Too far / Flight too long | 23% |
Poor value for money | 19% |
Extreme weather conditions | 18% |
Not enough time to take a holiday | 18% |
Top 5 trip anchors (market size) | |
|---|---|
Natural attractions (e.g. scenic viewpoints, mountains, waterfalls) | 889K |
Viewing wildlife or marine life | 597K |
Hiking | 593K |
Northern lights | 588K |
Nature parks | 571K |
What's the purpose of their visit? |
|---|
Sources
Statistics Canada, Visitor Travel Survey Data 2024/2023
Global Tourism Research Program (GTRP), Destination Canada
Lodging Aligned Spend Reporting (LASR), Destination Canada
Oxford Economics
DIIO, Cirium
Bank of Canada
UNWTO: UN Tourism Barometer
Mobile Insights, Near