This will certainly be the big question in the months coming up.
We recently visited some relatives who spend 4-5 months of every year in Florida, and have for the past 20 years. They are well off retirees, which means that a good chunk of their Canadian pensions and investment income goes straight into the American economy every winter. They had every intention of going down every year for the rest of their lives.
Now that plan has gone out the window, at least for the foreseeable future. They plan to go down for one week in January this winter for a family event and to use up the points they can't carry over on their timeshare (not really sure how that works but they are very happy they never bought property in Florida) and they are re-planning their whole retirement around finding a winter base somewhere else. And they are not even "political" types, if anything they are extremely conservative by Canadian standards!
So yeah, I think the real impact of the Canadian boycott is yet to be felt. A cancelled trip or weekend away here and there does make a difference, but thousands of snowbirds and their money will be felt much more keenly.
