
Number of Canadians returning from U.S. trips down again in May: StatCan
OTTAWA - Canadians continued to avoid making trips to the U.S. in May, according to preliminary data from Statistics Canada.
The agency says return trips by Canadian residents by air from the U.S. in May fell 24.2 per cent compared with a year ago to 488,800, while return trips from overseas countries rose 9.8 per cent to 1.1 million. Meanwhile, Canadian resident return trips from the U.S. by automobile totalled 1.3 million, down 38.1 per cent compared with May 2024.
Canadians have avoided travel to the U.S. in response to President Donald Trump's tariffs and '51st state' threats over the past few months.
According to preliminary figures, Statistics Canada says international arrivals in May, including returning Canadian residents and non-residents combined, by air and automobile totalled 4.8 million, down 16.7 per cent from May 2024.
Non-resident arrivals to Canada by air totalled 894,200 in May, down 1.3 per cent from a year ago. The number of U.S. residents arriving by air totalled 439,800, down 0.3 per cent from a year ago, while the number of overseas residents arriving slipped 2.3 per cent to 454,500.
The number of U.S.-resident trips to Canada by automobile was 1,044,700, down 8.4 per cent from a year ago.
This report by The Canadian Press was first published June 10, 2025.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
22 minutes ago
- Yahoo
Watch These Bitcoin Price Levels as Cryptocurrency Back Near Record High
Bitcoin has hovered just below its record high in recent days as economic data has been encouraging and investor risk appetite has remained strong. The cryptocurrency's price staged a decisive breakout above a flag pattern earlier this week, laying the groundwork for a new move higher. Investors should watch key overhead areas on Bitcoin's chart around $112,000 and $137,000, while also monitoring important support levels near $107,000 and $100, (BTCUSD) has rallied over the past week to approach the record high it set last month, tracking the strong performance of U.S. equities and encouraging signals about the U.S. economy. The legacy cryptocurrency moved as high as $110,400 Wednesday morning after a closely watched inflation report showed that consumer prices rose less than expected last month, good news for investors who are hoping the Federal Reserve could be in a position to cut its benchmark interest rate this year. The price of bitcoin dropped to $108,800 recently, as U.S. stocks backed off their earlier highs as well. Once a fringe financial asset dismissed by the mainstream, cryptocurrencies have gained new legitimacy this year thanks in part to the support of President Donald Trump and several allies in Congress. The price of bitcoin has also been supported by surging demand from publicly traded companies, such as Strategy (MSTR), that use proceeds from equity sales to purchase bitcoin for corporate treasuries. Meanwhile, total assets in bitcoin exchange traded funds have ballooned to $132 billion this month, up from $91 billion in early April, pointing to growing institutional interest in the cryptocurrency. Bitcoin last hit a record high, of just under $112,000, on May 22. The digital currency has gained about 16% since the start of the year, far outpacing the performance of major stock indexes. Below, we take a closer look at Bitcoin's chart and apply technical analysis to identify key price levels worth watching out for. After hitting its all-time high last month, bitcoin's price consolidated within a flag, a chart pattern that indicates a continuation of the cryptocurrency's uptrend that started in early April. Indeed, the digital asset staged a decisive breakout above the pattern earlier this week, laying the groundwork for a new move higher. Meanwhile, the relative strength index confirms bullish price momentum, though the indicator remains below overbought levels, providing ample room for further upside. In another win for bitcoin bulls, the 50-day moving average (MA) crossed above the 200-day MA last month to form a bullish golden cross signal. Let's identify two key overhead areas to watch amid the potential for further buying and also locate support levels worth monitoring during profit-taking periods. The first overhead area to watch sits around $112,000. This area on the chart will likely attract significant scrutiny near last month's peak. A move higher could see bitcoin rally toward $137,000. We projected this target by extracting the price bars comprising the cryptocurrency's uptrend that preceded the flag and repositioning them from the pattern's breakout area. We selected this prior trend as it commenced following a breakout from a pennant pattern in late April, providing clues as to how the current breakout from a period of consolidation may unfold. During profit-taking, investors should initially monitor the $107,000 level. A retest of the prominent December and January peaks may be necessary before the cryptocurrency makes a meaningful move higher. Finally, a deeper retracement could see bitcoin's price revisit the closely-watched $100,000 level. This area would likely provide support near the psychological round number and a trendline that connects a range of corresponding trading activity on the chart stretching back to last November. The comments, opinions, and analyses expressed on Investopedia are for informational purposes only. Read our warranty and liability disclaimer for more info. As of the date this article was written, the author does not own any of the above securities. Read the original article on Investopedia Sign in to access your portfolio
Yahoo
23 minutes ago
- Yahoo
CEA Industries Posts Updated Investor Presentation
Conference Call Scheduled for Today, June 11, 2025 at 4:30pm ET CEA Industries to Provide Business Update and Discuss Strategic Implications of Fat Panda Acquisition Louisville, Colorado, June 11, 2025 (GLOBE NEWSWIRE) -- CEA Industries Inc. (NASDAQ: CEAD, CEADW) ('CEA Industries' or the 'Company'), today announced that it has published an updated investor presentation, now available on the Investor Relations section of its website. Management will host a live conference call today, June 11, 2025, at 4:30pm ET to outline the Company's new strategic priorities, including the recent acquisition of Fat Panda and the go-forward strategy to accelerate growth and enhance shareholder value. To access the conference call, please use the following information: Dial-in: 1-973-528-0008 Access Code: 891969 Webcast URL: CEA Industries management may utilize this presentation during upcoming meetings with analysts and investors. The posting of this presentation is being made pursuant to Regulation FD. About CEA Industries Inc. CEA Industries Inc. (NASDAQ: CEAD) is a growth-oriented company focused on building category-leading businesses in regulated consumer markets. With a focus on the high-growth, Canadian nicotine vape industry, one of the fastest-expanding segments of the global nicotine market, CEA Industries targets scalable operators with strong regulatory alignment, defensible market share, and high-margin business models. The Company provides capital, operational expertise, and strategic resources to accelerate retail expansion, strengthen e-commerce infrastructure, and drive long-term value creation in performance-driven sectors. For more information, visit Investor Contact: Sean Mansouri, CFA or Aaron D'SouzaElevate IRinfo@ (720) 330-2829Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23 minutes ago
- Yahoo
Canada should not rush potential sale of TMX pipeline, Trans Mountain CEO says
CALGARY (Reuters) -Canada should not rush to sell the newly expanded Trans Mountain Pipeline, its CEO Mark Maki said on Wednesday at a conference in Canada. The Canadian government, which owns the C$34 billion pipeline, should be able to recover some of its investment if it plays its cards correctly. Sign in to access your portfolio