I've been watching the canadian exchange rate plumit the last few month's. Its dropped from its average of 1.42 down to its current rate of 1.19. This post isnt asking 'why'....that's a whole different issue. I'd like to address the tourist loss's. Also, while the exchange rate for canada has dropped, the exchange rate for mexico has risen considerably.
What im asking is this: Are hobby plans for those outside of Canada being altered with this lower exchange rate?
So will tourism to city's in Canada drop with the exhange rate? Montreal has a slight edge with their lower hobby costs with the low end agency's. The high end agency's might suffer considerably. Toronto is basically a high middle to a high end base.....with no lower agency's worth mentioning. Lower being 160 or under.
Mexico on the other hand....their exchange rate is rising. Over 11 peso's to the dollar, up from 9 a year ago. Prague/Budapest is still very reasonable although their rates have risen lately.
Myself, id still consider trips to Montreal but just for the low end talent. Toronto is iffy but is still a great city to visit. But im looking at trying trips to florida, mexico and europe now that the canadian exchange rate has dropped.