Online shopping will also see declines

"It's cold enough in Canada that everyone wants to get away," said McCaig, whose group represents 2,000 agencies."There's been very little differences with purchases of holidays like doing a week in Mexico, going to Las Vegas or Miami, Florida.The question investors should ask today is whether any of the silk road culture tour in this space trade at reasonable valuations.These are the most widely viewed travel websites on the market today. That's because most Canadians feel they have the right to have a holiday and they're going to take it."Most vacations are still being listed at last summer's prices, when the Canadian dollar was stronger. Those prices are likely to stick for the next few months but will rise if the loonie continues to fall.McCaig noted that a lower loonie over the long-term will boost travel to Canadian destinations."That's part of what happened when our loonie was so high. Americans had been used to coming to Canada before that, having a big discount or value for their dollar and didn't mind paying the taxes,The consumer is opening up his wallet and springing on travel in 2013.Travel, one of the largest travel xinjiang companies, recently reported bookings were up for the summer even at higher sales prices." he said."A dropping loonie is frankly good for Canadian business. (Tourist destinations) are going to be happier to have Americans come here."Business professor Ambarish Chandra said U.S. retailers who depend on Canadians crossing the border to do their shopping will also feel the pinch.

Online shopping will also see declines, as items such as books, clothing and electronics will no longer be cheaper if purchased in the U.S.But ultimately, he said, a lower loonie will be a boon for Canadian businesses."Something like this will always be good for Canadian businesses whether they acknowledge it or not," said Chandra, who teaches at the Rotman School of Management at the University of Toronto.He said goods from Canadian exporters will be seen as more competitive and cheaper in the eyes of foreign buyers. Another benefit will be that most goods are priced in U.S. dollars.Chandra said manufacturers who rely heavily on goods and parts made overseas will feel squeezed if they end up paying more due to a weakened currency.Nevertheless, companies are now more prepared to deal with a weaker loonie, said David Sparling, a professor at Western University's Ivey Business School.