If flying over Niagara Falls in a helicopter or coming face to face with a polar bear are experiences on a traveler's bucket list — but not necessarily in their budget — now may be the perfect time to visit Canada.
The Canadian dollar — also known as the Loonie — dropped 16 percent against the dollar last year and is now hovering near 71 cents to the U.S. dollar. In January alone, the greenback added more than a percent against the Loonie.
That means that U.S. travelers heading north of the border for the extended Valentine's Day/Presidents' Day weekend, or perhaps for the NBA All Star Game (Feb. 12-14) in Toronto will find everything from dining, shopping and lodging to local attractions being offered at a discount of as much as 30 percent.
Travel analysts say the falling exchange rate makes ski resort vacations in Canada especially appealing.
At exclusive resorts such as Vancouver's Blackcomb-Whistler, Revelstoke and Banff, "three-star hotel rooms for Presidents' Weekend can be booked for under $50 U.S. per night, which frees up money for lift tickets and meals," said Brian Ek, Priceline.com's travel analyst.
Arabella Bowen, editor-in-chief at Fodor's Travel, said that "multiday Banff lift tickets cost less than Tahoe at par, and you'll save even more with the exchange rate."