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Exchange Rate Entices U.S. Skiers to Canada

Skiers enjoy sunny slopes at Sunshine Village in Banff National Park.

Skiers enjoy sunny slopes at Sunshine Village in Banff National Park.

Copyright: Paul Zizka/Sunshine Village

For the second winter in a row, the exchange rate between the U.S. and Canadian dollars is favoring U.S. skiers going to Canada. But this winter, the exchange for U.S. skiers going north of the border is even better than last year. For U.S. skiers heading on vacation to the Canadian Rockies, the exchange tallies up to more purchasing power.

During December 2015, the exchange rate has been running around $1 U.S. to $1.35 Canadian. That means U.S. dollars go further in Canada. If you plan on dropping $3,000 U.S. on a family long weekend ski vacation, the exchange rate turns those dollars into $4,000 CAN.

Because of the favorable exchange, more U.S. skiers are venturing to the Canadian Rockies, accessed by flying into Calgary, Alberta or Cranbrook, B.C. “We have seen epic growth in U.S. skiers, over 200 percent in the past year,” says Matt Mosteller, senior vice president for Resorts of the Canadian Rockies, referring to increased U.S. visitation the company’s four destination resorts (Fernie, Kicking Horse, Kimberley, and Mont Sainte Anne). “The discount from the exchange makes it a no brainer.”


Check out what you can get for a 3-day/4-night ski vacation in Banff through SkiBig3. Lodging in a premium one-bedroom loft suite plus lift tickets for three days for 2 adults and 2 children costs about $2,600 CAN plus taxes and service fees. With the exchange rate, you’ll only be spending $1,900 U.S. for Alberta lodging and lifts.

Sunshine Village inaugurated Canada's first heated lift called Tee Pee Town.  - © Sunshine Village

Sunshine Village inaugurated Canada's first heated lift called Tee Pee Town.

Copyright: Sunshine Village

Besides the exchange rate, Banff has other reasons for visiting this winter. Sunshine Village replaced their slow, cold Tee Pee Town double lift with a high-speed quad, Canada’s first heated chairlift. Twice as fast as its predecessor, the new lift has chairs that sport orange bubble covers for wind protection. At Lake Louise, the Great Bear Room upstairs in the Lodge of Ten Peaks traded in its traditional Alberta food for a full-on sushi experience, and the Kokanee Kabin added a smokehouse for après meats. With a few new runs and expanded tubing hill, Banff’s oldest ski area, Mt. Norquay, celebrates its 90th anniversary this winter.

Eastern B.C.

At ski resorts outside Banff in eastern British Columbia (Panorama, Kicking Horse, Fernie, Kimberley), adult single day lift tickets usually run about $80-90 CAN. With the exchange favoring U.S. skiers, adult lift tickets drop to $59-67 U.S. instead.

Panorama Mountain Resort reports starting to see a surge in U.S. skiers, too. “There were a few Montana and Idaho plates in the parking lot for opening day,” says Jamie Hurschler, marketing and media specialist for the resort.

Skiers ready to drop into Taynton Bowl at Panorama.   - © Panorama Mountain Resort

Skiers ready to drop into Taynton Bowl at Panorama.

Copyright: Panorama Mountain Resort

While the exchange rate certainly entices U.S. skiers to go north of the border, Panorama’s glading of Taynton Bowl adds another lure. “People are blown away by the amount of terrain that we have opened up with the glading. There are so many new lines to ski,” says Hurschler. “The top-to-bottom flow gives you the opportunity to ski the full vertical of the bowl without interruption.”

Resorts of the Canadian Rockies has seen a doubling of U.S. visitation, particularly at Fernie and Kicking Horse. “In addition to the exchange rate, they are really picking up steam as more of the younger ‘ski influencers’ and big mountain freeskiers make their way up here and start sharing the experience with their U.S. audience,” Mosteller adds.

This winter at Fernie, Lizard Creek Lodge got a revamp. The lodge added a lobby bar and a new Cirque Restaurant. Guests can don Helly Hansen goose-down parkas for sipping vodkas from around the world in the new chilled ice bar tasting room. Fernie, Kimberley and Kicking Horse have also added fat biking programs with trails, rentals, tours and lessons.


Sunshine Village - © Paul Zizka/Sunshine Village
Sunshine Village - © Sunshine Village
Taynton Bowl Panorama - © Panorama Mountain Resort
Taynton Bowl Panorama - © Panorama Mountain Resort

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