The U.S. dollar is very strong right now, and Canada is losing out on billions of dollars in tourism...
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The CDN $ certainly has taken a beating but I’m not sure how your conclusion applies... it wasn’t just going into Canada that was an issue. Going into the U.S. essentially has the same stipulations...
The official position of the U.S. government is still this… for air and land travel
“Foreign national air travelers to the United States are required to be fully vaccinated and to provide proof of vaccination status prior to boarding an airplane to fly to the United States, with only limited exceptions...”
https://www.cbp.gov/newsroom/coronavirus
“TRAVEL ALERT: Beginning on January 22, 2022, DHS will require non-U.S. individuals seeking to enter the United States via land ports of entry and ferry terminals at the U.S.-Mexico and U.S.-Canada borders to be fully vaccinated for COVID-19 and provide related proof of vaccination, as COVID-19 cases continue to rise nationwide.
These new restrictions will apply to non-U.S. individuals who are traveling for both essential and non-essential reasons. They will not apply to U.S. citizens, Lawful Permanent Residents, or U.S. nationals.”
If Canada lifts its vaccine mandate, then U.S. tourists can travel north of the border freely. The U.S. vaccine requirement for travelers would not apply to U.S. citizens or legal residents returning home.
P.S. — I get regular online updates from a North American trade publication, and it seems that every week there’s another article about how awful things are on the Canadian side of Niagara Falls due to the near-total collapse of tourism from the U.S.