Canada is losing its competitive edge
According to Statistics Canada our international travel deficit reached an all-time high of $10.3 billion in 2007, representing a staggering $3.1 billion (43 per cent) increase over the previous record of $7.2 billion in 2006. In 2007, Canada’s travel deficit with the United States reached an all-time high of $7.1 billion breaking the previous record set in 1991 by more than $1.1 billion.
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