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Duty free stores look for financial support as cross-border traffic drops
Duty free stores look for financial support as cross-border traffic drops

CTV News

time03-06-2025

  • Business
  • CTV News

Duty free stores look for financial support as cross-border traffic drops

A sign for a duty free store at the Canada-U.S. border crossing in Saint-Bernard-de-Lacolle, Que., on Thursday, April 10, 2025. THE CANADIAN PRESS/Graham Hughes OTTAWA — An association representing duty free stores and a group of 15 border city mayors have written a letter to the federal government asking for financial support and clarity on export rules. The Frontier Duty Free Association says its members have seen their revenue decline by 60 to 80 per cent as cross-border traffic slows due to the U.S. trade war. The association is asking for 'immediate' cash support for duty free stores, which they say are often key employers in small border communities. The association also wants the federal government to align excise tax policies and export status with American duty free rules, something they say would make them more competitive with U.S. stores. Association executive director Barbara Barrett says that duty free stores in small communities in Western and Eastern Canada are seeing the steepest loss in traffic. The association represents 32 duty free stores across the country. This report by The Canadian Press was first published June 3, 2025. David Baxter, The Canadian Press

Canadian car trips returning from U.S. down 31 per cent in March
Canadian car trips returning from U.S. down 31 per cent in March

CTV News

time22-05-2025

  • CTV News

Canadian car trips returning from U.S. down 31 per cent in March

Vehicles approach the United States border crossing as seen from Saint-Bernard-de-Lacolle, Que., Thursday, April 10, 2025. THE CANADIAN PRESS/Graham Hughes Travel between Canada and the United States continues to steeply drop, new data from Statistics Canada shows. In March this year, Canadian residents made 4.3 million trips returning from abroad, a 14.9 per cent decrease from the same month in 2024, in what the agency calls the third consecutive month of year-to-year declines. Among the steepest drops were returning trips by car over the Canada-U.S. land border, down 31.4 per cent to 1.7 million trips in March. Trips to Canada among U.S. residents also fell, down 6.6 per cent from March 2024. Statistics Canada notes that on a seasonally adjusted basis, which accounts for calendar effects like holidays and the number of weekends in a month, U.S. travel to Canada rose slightly, up 2.8 per cent between February and March. Return trips for Canadian travellers declined even accounting for those quirks, however, down 7.1 per cent overall and down 11.7 per cent among automobile trips to the United States.

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