They’re flocking in droves to Buffalo and Syracuse – to spend money.
Sales tax receipts in Erie and Niagara counties are surging. Local officials credit Canadians. From the Buffalo News:
So what’s fueling the growth?
“There’s a one-word answer I can give you right now: Canadians,” said Gary D. Keith, an economist with M&T Bank. “They have been helping our retail sector significantly throughout 2011, and, in fact, the nice growth we’re seeing in Erie County has been topped by what’s happening in Niagara County.”
The Syracuse Post Standard reports Canadians are coming by the busload to Carousel Center, Wegmans and the Waterloo Premium Outlets:
The two currencies are about par right now. A big reason Canadian shoppers are coming to the U.S., and Syracuse in particular, is for the wide variety of stores and variety of goods they cannot purchase in Canada. And to escape goods and services taxes and other sales taxes, which are, they say, much higher in their homeland.
Rochester may not be as convenient as Syracuse and Buffalo, but I’d be willing to bet we’re getting at least some of that traffic. We have the unique attractions of The Strong and George Eastman House, but the shopping opportunities are no different. Maybe it’s time to figure out another kind of attraction to capture the Canadians!