Be prepared to pay more for the privilege of travel this winter. Experts say that while airfares have so far remained steady, experts predict a price spike for fall and winter flights as demand returns. Canadian Press reported earlier this week that experts feel demand could rise further if remaining COVID-19 restrictions such as vaccine mandates are lifted, encouraging travellers who were previously hesitant to fly due to the restrictions. “No doubt,” said Martin Firestone, president of insurance provider Travel Secure Inc. “My gut tells me with the removal of restrictions, more people than ever will travel.” Firestone told me Read more
winter travel
Your winter vacation may have just become more expensive. On the other hand, if you work in the hospitality industry in Toronto you might have more money in your pocket for a holiday next year. The Canadian dollar is dropping, in case you hadn’t noticed. After being close to par against the American greenback for some time, the loonie has slipped. Badly. As of Friday afternoon, it was down to 91 cents and change against the mighty U.S. dollar. That’s about as low as we’ve been in four and-a-half years. What that means for many of us is that hotel Read more
