Canadian trips to the U.S. down 20% in 2026?
Yes refers to: Decline greater than 20%
Short Answer
1. Market Behavior & Drivers
- Canadian return trips to the U.S. fell 22% in January 2026.
- Major Canadian airlines are significantly reducing U.S. route capacities for 2026.
- Canadian disposable income shows mixed outlooks; U.S. travel costs likely impact.
- Scheduled 2026 bilateral events could influence U.S.-Canada political factors.
- Statistics Canada's 'Frontier Counts' is the official source for market resolution.
Who Wins and Why
| Outcome | Market | Model | Why |
|---|---|---|---|
| Decline greater than 20% | 25.0% | 43.6% | No specific drivers are detailed in the provided research for this outcome. |
Current Context
Sources (19)
- 1jimbyerstravel.com
- 2forbes.com
- 3globalnews.ca
- 4travelweek.ca
- 5leger360.com
- 6skift.com
- 7mercer.com
- 8cib.bnpparibasglobalmarkets.cib.bnpparibas
- 9piie.com
- 10imf.org
- 11imf.org
- 12youtube.com
- 13goldmansachs.com
- 14goldmansachs.com
- 15td.comeconomics.td.com
- 16vanguard.comcorporate.vanguard.com
- 17hiringlab.org
- 18rbc.com
- 19tradingeconomics.com
2. Price Chart
Historical Price (Probability)
3. Significant Price Movements
Notable price changes detected in the chart, along with research into what caused each movement.
📈 May 07, 2026: 15.0pp spike
Price increased from 10.0% to 25.0%
Outcome: Decline greater than 20%
4. Market Data
Contract Snapshot
This market resolves to YES if Statistics Canada reports that Canadian-resident return trips from the U.S. in 2026 declined by greater than 20% compared to 2025, based on their "Travel between Canada and other countries, December 2026" release; otherwise, it resolves to NO.
If Statistics Canada does not publish a full-year percentage change for 2026, the market will resolve using a percentage calculated from their annual table for the same series. The market opened on May 6, 2026, will close early upon the economic data release, or by February 23, 2027, with projected payouts 30 minutes after closing.
Available Contracts
Market options and current pricing
| Outcome bucket | Yes (price) | No (price) | Last trade probability |
|---|---|---|---|
| Decline greater than 20% | $0.26 | $0.75 | 25% |
Market Discussion
Canadian trips to the U.S. have shown significant year-over-year declines in early 2026, with return trips down 23-24% in January [1][2] and 12.5% in February [3][4], continuing a trend from 2025 where overall Canadian visits were reported down over 20% [5][2]. This downturn, which has led to airlines cutting over 10% of seats for Q1 2026 [1], is largely attributed to factors such as trade wars, tariffs, political tensions, and a weaker Canadian dollar [6][7][8].
Sources (8)
- 1Canada – U.S. Cross-Border Travel: A Structural Shift and a Strategic Moment - International Inbound Travel Associationinboundtravel.org
- 2Rebalancing Canadian travel continues as U.S. cross border trips decline - RBC Economicsrbc.com
- 3Canadian travel to U.S. declines for 14th consecutive monththestar.com
- 4Canadians are continuing to avoid travel to U.S., StatCan reports - National | Globalnews.caglobalnews.ca
- 5A year into Canadian tourism backlash, there's little sign of change: Travel Weeklytravelweekly.com
- 6Trade Wars Have Kept Canadian Tourists Away and Cost Americans Jobs - ProMarketpromarket.org
- 7Canada–US Travel Slump Deepens as Fewer Canadians Cross Border Amid Currency Pressure, Security Scrutiny, and Political Frictiontravelandtourworld.com
- 8Canadian Travel to the United States Slumps in 2026 as Political Tensions, Tariff Disputes, and Shifting Sentiment Spark a Domestic Tourism Boom Across Canada’s Resurgent Getaway Landscapetravelandtourworld.com
5. Trust Index
Order book is critically thin.
Primary risk· Trade quality
Includes the cost to trade: a $10,000 order can't be filled here because the order book is too thin.
Weighted blend with hard caps — a critically weak safety pillar, or a severe trading anomaly, caps the total regardless of the rest. Full methodology · About the Trust Index
6. How are 2026 travel booking trends from Canada to the U.S. comparing with bookings to European and Caribbean destinations?
| US Trips Decline (Jan 2026) | 22% year over year [1][2] |
|---|---|
| Canadians Less Likely to Visit US (2026) | 62% [3] |
| Overseas Trips Increase (Feb 2026) | 6.8% [4] |
Sources (6)
- 1Canadian resident trips to U.S. plunge by 22% year over year - National | Globalnews.caglobalnews.ca
- 2The Daily — Travel between Canada and other countries, January 2026www150.statcan.gc.ca
- 3Canadians continue to shift travel priorities in 2026 - BSAPbaxterambassadors.com
- 4The Daily — Travel between Canada and other countries, February 2026www150.statcan.gc.ca
- 5Canadians Spending More, Advisors Remain Relevant: Studytravelmarketreport.com
- 6Expert Insights: Caribbean & Global Tourism Analysis 2026 - Tourism Analytics - Caribbean Tourism Data & Statisticstourismanalytics.com
7. What do 2026 economic outlooks from RBC, Vanguard, and Goldman Sachs project for Canadian disposable income versus U.S. travel costs?
| Canadian Real Disposable Income Growth (Bottom 80%) | Positive for 2025-26 (RBC) [1][2] |
|---|---|
| U.S. Travel Price Index Increase | 5.8% year-over-year by March 2026 [3] |
| Canadian Trips to U.S. Decrease | 21.7% through November 2025 [4] |
Sources (9)
- 1Affordability: Decoding Canada’s uneven household realities - RBC Economicsrbc.com
- 2Growth headwinds offset by stabilizing trade and jobs - RBC Economicsrbc.com
- 3Travel Price Index (2026-04-10)| U.S. Travel Associationustravel.org
- 4US sees a drop in Canadian visitors as travel patterns shift (2026)elroserhostal.com
- 5Vanguard economic and market outlook for 2026 | Vanguard Canadavanguard.ca
- 6Goldman’s Canada 2026 economic outlook: Growth picks up as trade tensions fadeca.finance.yahoo.com
- 7US International Inbound: Lessons from 2025, Outlook for 2026 | Oxford Economicsoxfordeconomics.com
- 8Border crossings from B.C. to the U.S. kept plummeting in January | Vancouver Sunvancouversun.com
- 9Canada's global moment sets tourism sector on course for a banner 2026 and growth to 2035newswire.ca
8. Which specific political factors cited in the Leger report could be influenced by U.S.-Canada bilateral events scheduled for 2026?
| Metropolis Summit | February 26 [1] |
|---|---|
| Second Century Commission Launch | May [2][3] |
| SelectUSA Summit | May 3-6 [4] |
Sources (8)
- 1Metropolis Americas Summit 2026 – Metropolis Conferencemetropolisconference.ca
- 2Canadian and U.S. Travel Behaviour - Legerleger360.com
- 3Three Countries, Three Perspectives: How Tariffs Are Reshaping Views in North America - Legerleger360.com
- 4SelectUSA Investment Summit 2026 - AmChamCanadaamchamcanada.ca
- 5Political Tensions Impact Travel: Nearly Half of Canadians Less Likely to Visit the U.S. in 2025 - Legerleger360.com
- 6Tariffs: Court Rulings Diminish Canadians' Confidence in U.S. Trade Relations - Legerleger360.com
- 7North American Tracker: U.S. as an Ally - Legerleger360.com
- 8North American Leaders' Summiten.wikipedia.org
9. What is the official data source from Statistics Canada that will inform the market's resolution, and what is its 2026 release schedule?
| Primary Data Source | "Travel between Canada and other countries" from Frontier Counts (survey ID 5005) [1][2][3] |
|---|---|
| January 2026 Data Release | March 23, 2026 [1] |
| February 2026 Data Release | April 23, 2026 [2] |
Sources (6)
- 1The Daily — Travel between Canada and other countries, January 2026www150.statcan.gc.ca
- 2The Daily — Travel between Canada and other countries, February 2026www150.statcan.gc.ca
- 3Surveys and statistical programs - Frontier Counts (FC)www23.statcan.gc.ca
- 4The Daily — Leading indicator of international arrivals to Canada, January 2026www150.statcan.gc.ca
- 5Travel by Canadian residents in Canada and abroad by trip purposewww150.statcan.gc.ca
- 6The Daily — National Travel Survey and Visitor Travel Survey, second quarter 2025www150.statcan.gc.ca
10. How are major Canadian airlines like WestJet and Air Canada adjusting their U.S. route capacities for the 2026 travel seasons?
| WestJet US Capacity Cut (Summer 2026) | 32% ASMs [1][2] |
|---|---|
| Air Canada US Capacity Cut (Q1 2026) | 7% [3] |
| Canadian Airlines Overall US Capacity Cut (Q1 2026) | Approximately 10% [3][4] |
Sources (13)
- 1PAX - WestJet removes 15 transborder routes, cuts summer capacity by 32%paxnews.com
- 2WestJet Cancels 15 US Routes, Cuts Summer 2026 Capacity by 32% - Aviation A2Zaviationa2z.com
- 3Canadian Airlines Cut 450,000 US-Bound Seats - Open Jawopenjaw.com
- 4PAX - Canadian airlines reduce U.S. capacity by nearly 10% for Q1: reportpaxnews.com
- 5WestJet Reduces 26% May/June 2026 US Service — AeroRoutesaeroroutes.com
- 6Air Canada cuts more U.S. routes early due to jet fuel pricestoronto.citynews.ca
- 7North America to Maintain Modest Growth in 2026 - Air Service Oneairserviceone.com
- 8WestJet Deepens U.S. Flight Cuts Across Summer 2026 - Fleet Wirefleet-wire.com
- 9✈️ WestJet Reshapes Canada–U.S. Network... - Moving to Canada | Facebookfacebook.com
- 10New US routes omitted from Air Canada’s winter schedule amid transborder tensions - FlightGlobalflightglobal.com
- 11Canada-US capacity, load factors tumble in 2025enginecowl.com
- 12The Daily — Screened passenger traffic at Canadian airports, March 2026www150.statcan.gc.ca
- 13The Daily — Leading indicator of international arrivals to Canada, February 2026www150.statcan.gc.ca
11. What Could Change the Odds
Key Catalysts
Key Dates & Catalysts
- Expiration: March 02, 2027
- Closes: February 23, 2027
Sources (10)
- 1Canadian return trips to the United States fall 22 % while overseas travel hits new record – January 2026 Statistics Canada datavisahq.com
- 2The Daily — Travel between Canada and other countries, February 2026www150.statcan.gc.ca
- 3Rebalancing Canadian travel continues as U.S. cross border trips decline - RBC Economicsrbc.com
- 4Canada–US Travel Slump Deepens as Fewer Canadians Cross Border Amid Currency Pressure, Security Scrutiny, and Political Frictiontravelandtourworld.com
- 5The Daily — Travel between Canada and other countries, January 2026www150.statcan.gc.ca
- 6Canadian Tourism Slowdown Squeezes U.S. Border Citiesthetraveler.org
- 7Canadian Travel to United States Now Drops Over Fourteen Percent in 2026, Triggering Almost Five Billion Loss and Sharp Border Declines in Vermont and Montanatravelandtourworld.com
- 8Will Canada join US as 51st state before July? Prediction... 2026 | Polymarketpolymarket.com
- 9Will Trump lower tariffs on Canada by...? Predictions & O... 2026 | Polymarketpolymarket.com
- 10Travel advice and advisories for United States (USA)travel.gc.ca