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Many Canadian snowbirds are still rethinking their usual U.S. travel plans this year, but some are still booking long-term Florida stays, even at a premium.Christinne Muschi/The Canadian Press

Good morning. I know no one wants to think about summer ending, but today we’re discussing where Canadian snowbirds plan to spend the winter. Let’s get into it.

Flying south

Many Canadian snowbirds appeared to be rethinking their U.S. travel plans earlier this year, but the latest numbers suggest that fire may be dying down.

Canadians are now booking long-term Florida stays nearly a month earlier than in 2024 – and paying a 70-per-cent premium to do so, according to a report by the Logic citing information from Key Data, which tracks reservations on Airbnb, Vrbo and dozens of other property management platforms.

While snowbirds are gearing up to jump back in the Florida saddle, they may be the outliers. The rest of cross-border travel hasn’t bounced back, with car trips to the U.S. from Canada down 37 per cent in July compared with last year; air travel dropped 26 per cent.

When I spoke with snowbirds earlier in the year about staying home this winter season, many of them said the main reason was a weak Canadian dollar. Since then, the loonie has strengthened, but tensions between Canada and the U.S. may still be nudging some travellers to stay put.

I’m curious to see where people are actually heading this year. Are you flying south to Florida, Arizona or elsewhere in the U.S.? Or will you venture to somewhere else in the world, or stay in Canada and make the most of a “staycation” winter? Fill out this quick survey and let me know.

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Yes, but: Even as sales recover, challenges remain. Federal and provincial rebates are gone, charging infrastructure is limited and used EV prices continue to decline. Experts say Tesla may have found a “new equilibrium” rather than a full recovery, highlighting broader struggles in the EV market.

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This 73-year-old turned late retirement into creative pursuits, investing and lifelong learning

The situation: Stephen Gauer retired at 71 after a career in writing, teaching and consulting. “I enjoyed my work. There was a lot of variety, but I found it less enjoyable once I hit my 70s,” he said, adding that he was less interested in keeping up with new technologies. His wife retired in 2003, and there was no pressure for him to stop at the same time.

The numbers: Gauer has managed his own investments since 2010, focusing on dividend stocks and ETFs. “The best part of self-directed investing is knowing where every single penny is invested,” he said. His portfolio has returned about 14 per cent annually, and he‘s mindful of daily spending.

Life in retirement: Gauer says he doesn’t miss the work itself, though he misses co-worker interaction. He fills his days with classical piano, household chores, managing finances, courses at the University of Toronto, reading 50 books a year and watching classic films with his wife. He lives in a downtown Toronto condo and enjoys walking everywhere, though he’s still exploring ways to channel his energy.

His advice: “If you enjoy your work, keep doing it as long as you can,” he said. But “if work is a core part of your identity and you have few other interests, retirement could be a challenge.”

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🚗 Attention students, new grads or anyone looking for a reliable ride that doesn’t break the bank. The Honda Civic, Toyota Corolla, Kia K4, Nissan Sentra and Mazda3 combine safety, fuel efficiency and smart tech without costing more than $30,000.

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