Canadians' travel pullback costs U.S. tourism billions

Canadian travel to the U.S. fell 25% last year, according to a new Canadian government report, which says early 2026 data show the decline has persisted. Why it matters: The report provides some of the clearest measures yet of the economic cost to the U.S. tourism industry after trade tensions, tariffs and President Trump's repeated "51st state" comments led many Canadians to vacation elsewhere. "Following the change in the U.S. administration in early 2025 and the implementation of America…