Border Policy Brief
One year ago, BPRI published a Border Brief analyzing the relationship between the Canada – U.S. exchange rate and crossing volumes in the Cascade Gateway (see Winter 2015 Border Brief). At that time, the decline in the value of the Canadian Dollar (CAD), which began significantly in mid-2013, had already influenced the volume of cross-border travel in the region and has continued to do so since. This Border Brief updates our previous analysis, and goes beyond crossing volumes to consider the economic impacts associated with the continued drop in Canadian cross-border travelers.
1 - Winter
BPRI, "Exchange Rates, Border Crossings, and Retail Sales in the Cascade Gateway" (2016). Border Policy Research Institute Publications. 5.