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by xutopia 453 days ago
The Canadian economy is not doing so poorly that it could explain a 70% drop nearly overnight.
2 comments

This by a mile.

Anecdotally, by buddy runs a few bnb’s in cottage country in Ontario. Bookings for the summer are mimicking that pandemic surge in 2020/21. It’s wild out there right now.

The job market for one is brutal. It’s all interconnected. Its been leading up to this for some time.
The context is that Canadian airlines aren't seeing 70% drops in forward bookings anywhere else and WestJet is adding routes to Europe to replace US flights...
Then why now all of a sudden instead of 6 months ago?