Tag Archives: Canadian loonie

Does a weak loonie put a dent in Canadian tourism to Maine?

The Canadian dollar is at its weakest since December 2005. But the loonie’s current slump, to about 77 cents to the U.S. dollar Wednesday, comes at an unusual time of year: the peak season for Canadian tourism to Maine. That has some in the hospitality industry concerned that Canadian tourists will forego trips or curtail spending on their vacations, as the Canadian dollar […]