High Inflation Impacting Canada's Snowbirds

Wednesday, 28 September 2022 13:10

By Noelle Sinclair

Many snowbirds planning shorter stays this winter

Experts say high inflation and a strong U.S. dollar are weighing heavily on Canada's Snowbirds.

Snowbird Advisor President Stephen Fine says some snowbirds are opting for a shorter travel period or eyeing different destinations due to the rising cost of everything.

He adds the Canadian dollar now trading at under 73-cents U-S is also a factor.

Fine says snowbirds have a lot more to consider this coming winter as the price of accommodation, groceries and dining out have all risen.

He adds snowbirds may opt for more cost-effective destinations outside of the U.S., including Mexico, Costa Rica and Belize and do a four-month stay rather than six.

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High Inflation Impacting Canada's Snowbirds

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