Traffic Volumes
Cross-border travel is lower than it was in 2019.
Comparing 2022 volumes with 2021 shows large increases, but that is largely due to the removal of border crossing restrictions that were in place during the height of the COVID-19 pandemic.
Comparing 2022 to 2019 makes more sense, as 2019 is a full year without any COVID-19 restrictions. Comparing these two years shows a 46% decrease northbound and 8% decrease southbound of standard passenger vehicles.
Commercial volumes were not as severely impacted by the COVID-19 pandemic, and much of the regular truck volume returned in 2021. A comparison of 2022 and 2019 numbers show nearly equal volumes between 2019 and 2022.
Since the 2012-2014 volume increases that occurred during a period of currency parity, volumes went down and plateaued from 2015 to 2019 in line with CAD/USD exchange rates (between .8 and .7).