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Canadian telecoms face revenue drops as travel to the U.S. declines due to trade tensions.
Canadian telecom companies are seeing a decline in roaming revenue due to fewer Canadians traveling to the U.S. Statistics Canada reports a 35% drop in car returns from the U.S. in April and a nearly 20% decline in air travel returns.
The decrease is attributed to ongoing trade disputes and tariffs imposed by President Trump, with Bell Canada reporting a 10% drop in roaming revenue in Q1.
This trend is expected to continue as tensions persist.
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Las telecomunicaciones canadienses enfrentan caídas de ingresos a medida que los viajes a los Estados Unidos disminuyen debido a las tensiones comerciales.