Strong tourism start despite surging dollar
From the Niagara Falls Review:
A top Niagara Falls tourism official is not concerned about the Canadian dollar’s surge to US80 cents this week amid a weakened U.S. dollar and further signs of a strengthening Canadian economy.
“I don’t think it’s enough to discourage anybody from coming,” said Wayne Thomson, chairman of Niagara Falls Tourism.
“I think 20 cents on the dollar is really not bad. They’d prefer 30 cents on the dollar, 32 cents, but 20 cents on the dollar is a pretty substantial reduction on (Americans’) travelling (costs to Canada) … so I don’t think we’re in any kind of concern at this point.”