AXIOS (Rebecca Falconer) - 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 First policies, Canadian travel sentiment shifted abruptly," the report says. - Statistics Canada says Canadians' return trips from the U.S. declined year over year for 11 consecutive months in 2025 — the longest sustained decline outside…