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November 29, 2021

Royal Wedding = big bucks for Canadian travel agents

Canadians are suckers for romance.

1229225_wedding_cake_1 It’s why the diamond biz is worth billions, Jennifer Aniston is still a mega-celeb and Twilight  fans continue flocking to the series’ next instalment – when the movies, by all accounts, even those of vampire backers themselves, kinda suck.

Yet such infatuation will never change, and that’s why the latest tale of universal romance – Prince William’s engagement to Kate Middleton two weeks ago – has captured Canada, too. And you bet the business world isn’t far behind.

According to recent reports, next April’s Royal Wedding could just mean big money to Canadian travel agencies, who are fast planning destination packages so Canucks can take part in the Prince's nuptials.

April 29th is the date, of course, a day likely to boast awful U.K. weather but certainly to feature thousands of tourists from across the globe at Westminster Abbey, where the ceremony will be held.

“This is sort of our generation’s big royal wedding,” Daniel Whaley, a member of the Monarchist League of Canada, told the Canadian Press. “In ’81, it was Charles and Diana and everyone can remember usually where they were when they watched that on TV. You kind of want to be a part of that.”

Remarkably, while it may be the delusion of many Canucks to actually attend the Royal Wedding (access to Westminster Abbey will surely be restricted during the event), there are even tourist packages tracing the “romance trail” of William and Kate. Notes CP, those who can’t sit at the bride and groom’s table can instead hop on U.K. tours to noteworthy spots of the pair’s relationship – St. Andrews University where the two met, or to Anglesey, North Wales, where the couple will live once they’re married.

Still, the meat of Canada’s Royal Wedding tourist packages will be to London next April, and some travel agents even suggest airfare from Canada to the U.K. will skyrocket in the days leading up to the wedding.

Maybe, that’s true. If you look on Air Canada’s website, round-trip tickets from, for example, Toronto to London go up about $30 the day before April 29th. Yet the whole flights-will-be-crazy-expensive argument may not hold water in the long run, so if you want to chase the romance of the Royal Wedding next spring, don’t let any of that spook you.

By Jason Buckland, MSN Money

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Gordon PowersGordon Powers

A long-time fund company executive, Gordon Powers now heads up the Affinity Group, a financial services consulting firm. Gordon was a personal finance columnist for the Globe & Mail for many years, has taught retirement planning...

Jason BucklandJason Buckland

The modern-day MC Hammer of money, Jason can often be seen spending cash that isn’t his with the efficiency of a Wilt Chamberlain first date. After cutting his teeth as a reporter for the Toronto Sun, he joined the MSN Money team with...