Search Travel Market Report

mainlogo
www.travelmarketreport.com
U.S.A.
English
Canada
English
Canada Quebec
Français
  • News
  • Packaged Travel
  • Cruise
  • Hotels & Resorts
  • Destinations
  • Retail Strategies
  • Air
  • Training & Resources

Canadian Business Travel Outlook Takes Sharp Turn Due to Market Uncertainty

by Bruce Parkinson  May 13, 2025
Canadian Business Travel Outlook Takes Sharp Turn Due to Market Uncertainty

The Air Canada contingent at the GBTA Canada Conference.

The Global Business Travel Association (GBTA) unveiled new insights and outlooks for the Canadian business travel sector during its 2025 Canada Conference, held April 28-30 in Toronto.  

The group welcomed over 670 registered attendees to the regional event that celebrated its 21st year, including corporate travel managers (190), suppliers and other attendees, along with 62 companies exhibiting in a sold-out expo.

In her main stage presentation, GBTA CEO Suzanne Neufang highlighted Canada’s 15% year-over-year spending growth in 2024 but cautioned that optimism overall has waned particularly in Canada versus what GBTA measured in November 2024. 

GBTA CEO Suzanne Neufang (left) greets attendees at the 2025 GBTA Canada Conference.

“Canada’s business travel sector showed significant growth in spending last year,” said Neufang. “But just as we are now seeing globally, Canadian business travel professionals are feeling the pressure of U.S. trade uncertainty, shaping a more cautious outlook for the year ahead.” 

As revealed in data from the GBTA Business Travel Index (BTI) Outlook report, in 2024 Canada ranked as the 13th largest global business travel market, with spending estimated at $36.5 billion CAD. That number was a milestone as it reached 102% of pre-pandemic levels. 

For 2025, that figure was forecast to rise 17.7% to $44.3 billion CAD, outperforming the global growth average. 

However, analysis from GBTA’s global industry poll last month revealed that 71% of Canadian travel buyers surveyed expect a decrease in their company’s business travel spending for 2025, and 53% anticipate volume decreases, driven by factors such as U.S. government actions, economic headwinds, rising travel costs and increased travel administration such as documentation and visas. 

“Despite uncertainty, Canadian travel managers and companies are continuing to invest in smart, sustainable and strategic business travel,” said Neufang. “The essential role and value of business travel is more important than ever as trade deals and cross-border relationships need in-person interaction. The focus now is on building long-term resilience while adapting to changing expectations and global conditions.” 

Direct Travel had a large contingent at the GBTA Canada Conference.

GBTA research presented at the conference included insights on Canadian business traveller behaviour:  

  • Based on the 2024 BTI survey, Canadian business travelers spent less per trip ($1,760 CAD) than their U.S. counterparts but more than the global average ($834 USD).
  • 84% agree business travel is worthwhile to achieve business objectives. 
  • Canada business traveller trips average 3.5 nights compared to a global average of 3.1 nights. 
  • When asked about their last business trip, most Canadians travelled for a convention/conference (23%), seminar/training (20%) or sales/account management/partner meetings (12%). 
  • Blended or “bleisure” travel — combining business and leisure — remained strong, with 55% of Canadian business travellers extending work trips for personal time. 

GBTA announced its 22nd Canada Conference will take place April 27-29, 2026, in Toronto at The Westin Harbour Castle. 

  
  
Related Articles
St. Kitts is on the Rise With Canadian Travellers – AC Responds with More Seats
Canadian Travellers to be Photographed at U.S Borders Beginning December 26
Air Travel Briefs: A320 Tops B737; Canada’s U.S. Boycott Continues, WestJet WiFi
Jamaica Sets Bold New Targets as Canadian Visitation Surges
FlightHub Data Reveals Trends in Canadian Holiday Travel in 2025
TMR Canada in Switzerland : Much More Than a Ski Destination
Canada is Having a Moment: Nation Earned Several Global Accolades This Year
Despite Warm Welcome, Canadians Continued to Avoid U.S. Travel This Summer
Canada Updates U.S. Travel Warning for LGBTQ+ Individuals
Indigenous Tourism Fuelling Alberta’s Growing Visitor Economy

MOST VIEWED

  1. Air Canada Cuts Hundreds of Management Positions 
  2. Founder of Flair Airlines Investor Charged in US$500 Million Fraud
  3. Portugal’s First Post-Pandemic Roadshow Celebrates Soaring Canadian Visitor Numbers
  4. Jamaica Braces as Hurricane Melissa Roars to Category 5
  5. Air Canada’s Toronto Hub Continues Expansion with Return of Shanghai, Budapest in 2026
  6. ACTA’s Accessibility Advisor Directory: A Step Forward But a Long Way to Go


Top Stories
KORE Travel Education Program Relaunched as Digital Platform
KORE Travel Education Program Relaunched as Digital Platform

The revised program aims to better engage learners and help attract needed professionals to the field.

CATO Calls Out Ontario Gov’t on “Long-Overdue” Review of Travel Industry Act
CATO Calls Out Ontario Gov’t on “Long-Overdue” Review of Travel Industry Act

CATO and ACTA met with Ontario Ministry staff to express the industry’s growing concerns about the outdated legislative framework governing Ontario’s travel sector.

TRAVELSAVERS Canada Hosts Biggest-Ever ‘Dine & Discover’ Evening
TRAVELSAVERS Canada Hosts Biggest-Ever ‘Dine & Discover’ Evening

With 140 member advisors, 30 suppliers and five TRAVELSAVERS Canada team members in the room, SVP and General Manager Jane Clementino was feeling pretty good.

Voyzant Brings Together 200 Travel Professionals for Vancouver Diwali Celebration
Voyzant Brings Together 200 Travel Professionals for Vancouver Diwali Celebration

The event also welcomed airline partners and government representatives, all joining to celebrate community and strengthen industry connections.

Flight Centre Survey Reveals 42% of Canadians Want Accessible Travel Options
Flight Centre Survey Reveals 42% of Canadians Want Accessible Travel Options

It’s a startling figure that shows how accessibility is moving from the margins to the mainstream of Canadian travel.

Fewer than 1 in 5 Families Book with a Travel Advisor
Fewer than 1 in 5 Families Book with a Travel Advisor

Still, a majority said they are willing to use a travel advisor for their family travel needs.

TMR Subscription

Don’t miss out! Sign up for our free daily newsletter and get the latest Canadian travel industry news and event coverage delivered straight to your inbox. No spam — just what matters.

Subscribe to TMR

TMR OUTLOOKS & WHITE PAPERS
View All
Advertiser's Voice
Explora Journeys Unveils New Asia Sailings
About Travel Market Report Mission Meet the Team Advisory Board Advertise Syndication Guidelines
TMR Resources Calendar of Events Outlook/Whitepapers Previous Sponsored Articles Previous This Week Articles
Subscribe to TMR
Select Language
Do You Have an Idea Email
Editor@travelmarketreport.ca
Give Us a Call
647 255 8990
Drop Us a Note
Travel Market Report Canada Inc.
3080 Yonge St. Suite 6060 Toronto, ON M4N 3N1
© 2005 - 2025 Travel Market Report, an American Marketing Group Inc. Company All Rights Reserved | Terms and Conditions
Cookie Policy Privacy Policy Manage cookie preferences