Canucks connect with Florida


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  • | 11:00 a.m. November 20, 2015
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Any doubts that Canadians go gaga over the Gulf Coast are rejected in a new study from the Consulate General of Canada.

The report, the 2015 Canada-Florida Economic Impact Study, breaks down a variety of ways Canadians' spend money in the Sunshine State. In total, according to the report, Canadians, on average, stay in Florida for 20 days a year and spend an average of $62 a day.

Beyond cash, Canadians bring some clout. That includes the Canadian Snowbird Association, a nonprofit lobbying and advocacy arm for Canadians travelling abroad. The group hosts the annual Snowbird Extravaganza, an annual lifestyle fair in Polk County that draws 35,000 Canadians.

In real estate, the median value of properties Canadians purchased in Florida in 2013 is $195,174. That's close to $600 million in property taxes a year, the report states. More than 90% of Canadians pay cash for their Florida homes, the report adds, and four of the top six metro areas statewide for Canadian homebuyers are on the Gulf Coast.

 

 

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