Travel deficit with world down $82 million in Q3: StatsCan
OTTAWA - Statistics Canada says the country's international travel deficit with the world fell by $82 million to $4.6 billion in the third quarter, as Canadians spent less in the United States and overseas visitors spent more in Canada.
The agency says Canadians spent just under $9 billion outside the country in the third quarter, down 0.5 per cent from the second quarter, while receipts from foreign travellers in Canada increased 0.9 per cent to $4.3 billion.
The travel deficit with the United States decreased by $35 million to $3.8 billion in the quarter, mainly because Canadian spending there slipped by 1.1 per cent to just under $5.6 billion.
Meanwhile, spending by American travellers in Canada slipped 1.5 per cent to $1.8 billion.
The travel deficit with overseas countries decreased by $47 million to $851 million in the third quarter.
Spending by overseas visitors to Canada rose 2.7 per cent to hit a record $2.5 billion, even though the number of visits fell 1.3 per cent to 1.1 million trips.
Spending by Canadian travellers overseas countries rose 0.5 per cent to $3.4 billion, even though the number of trips slipped 0.2 per cent to 2.4 million.
