Lead in the wing of snowbirds this winter

Lead in the snowbird wing this winter

; DAY

With galloping inflation currently raging in the United States and the fall of the Canadian currency, snowbirds are going to have their wallets stretched this winter during their stay in Florida or other warm American states. 

When we combine the 8.3% rise in the US consumer price index with the 8.7% drop in the Canadian dollar against the US dollar, this suggests that the snowbird will see its “winter” bill climb. by at least 18% compared to what it would have cost him last winter. 

For every US$10,000 of expenses, our “wintering tourist”, “wintering traveler” or “migrant retiree”, as the Office québécois of the French language, will have to pay a supplement of 1800 $ CA.  

This is the minimum additional cost to pay to spend the winter warm!  

CONSOLATION 

Some snowbirds will still find some consolation in saying that in any case, consumer prices have also risen considerably in Quebec.   

As the wintering neighbor says: “Basically, apart from the loss of value of the Canadian dollar, it amounts to almost the same thing! »

Not sure, especially not this year.  

DEVASTATION 

With the recent devastation to several areas of Florida as a result of the catastrophic strikes from Hurricane Ian, there are a lot of unknowns, like:  

What about the state of the rental housing stock?  

Will there be a spike in rental costs as a result of the renovations?  

Is there a shortage of products?  

Will the cost of travel insurance increase?  

When will the beaches get a makeover?  

Are we really the welcome in this period of reconstruction?  

THE GOOD YEARS… 

In short, we are far from the good years.&nbsp ; 

Year in and year out, there are approximately 900,000 Canadian snowbirds, including 250,000 Quebecers, who spend much of the winter in Florida and the southern states of the United States . 

We therefore represent a big “market” for these Americans.  

When they said to us: ''Welcome to our Canadian neighbors'', it was financially sincere!  

Of course, due to the COVID-19 pandemic and health restrictions, very few Canadian snowbirds were able to spend the winter of 2021-2022 in the southern United States.  

With the lifting of COVID-19 health restrictions, Canadian snowbirds thought they would return to their “good winter habits” as winter 2022-2023 approaches.  

BUT… 

Given the devastation of many parts of Florida, galloping inflation and the low flying Canadian loonie, winter is coming. costly and difficult south of the border.  

To address these rising costs, travel experts expect many snowbirds to take shorter trips, like three months instead of four or five months.  

Another possible solution to counter our winter: opt for more financially affordable destinations, such as Mexico, Costa Rica, the Republic Dominican Republic and Cuba for example. 

And be careful: travel insurance with that!  

Lead in the snowbird wing this winter