I am not cancelling my current travelling plans! I have flights booked, already. My only concern would be if the banks in Canada go under, I will not be able to access my money. And if I am in Europe, I could be stranded. But I am going to keep an eye on the situation and if the banks look like they may go under I will take the necessary precautions, withdraw some money, etc. I am too stubborn to let the recession thwart me!! I may have to cancel my plans for my next trip, though (I wanted to work in New Zealand), and that I can understand. If it gets really bad, I may just go to school earlier than planned.
My husband and I have been planning a 1 year RTW trip. We were planning to leave back in January.... but are still in Canada.
We had originally planned to sell our condo and use the money we made from it to help with the trip. But the real estate market took a sudden crash here at the time we were ready to sell. If we sell now we would end up loosing money.
Now we need to figure out some other means to make/save some money and try and find some temporary renters to live in our condo while we are gone. We are now hoping to leave in May or June.... most likely June.
Well, at least if you come to the UK you'll get a decent exchange rate, the pound is almost down to parity with the euro again - all that 'quantitative easing' <cough>. According to Yahoo Can$1.77 = £1 or Can$1 = £0.56. The last time I visited Canada two years ago, it was more than two dollars to the pound.