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Forecast flags hit to Vermont tourism from fewer Canadian visitors and stresses in health‑fund projections and wages
Summary
The forecast presented to joint Senate committees noted a substantial fall in Canadian visitors and showed the health‑care fund dipping under some provider‑tax assumptions; Cabette also reiterated weak real wage growth and local affordability pressures.
Tom Cabette told the joint Senate committees that Vermont faces a number of state‑specific headwinds even as the overall revenue forecast is stable.
On tourism, Cabette said visitation data and border‑crossing counts show a notable decline in Canadian travel to the state. A participant who reviewed US Customs passenger counts said border crossing volumes through October fell roughly…
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