Money in Canada

Money in Canada

Canadian Currency

As of February 2005, one Canadian dollar is worth approximately 80 US cents.  That is good news for visitors from other countries who find that Canada is an inexpensive destination.  


In Canada, the units of currency you will normally encounter are as follows:

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Credit Cards and Traveller's Cheques

Since credit cards, personal cheques and traveller's cheques are widely accepted in Canada, it is not necessary to carry large quantities of money. Although most businesses will take U.S. dollars, banks usually offer the best exchange rate.

Our staff can help you exchange money or open a bank account.  All students should have bank accounts.

 

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250 Smithe Street
Vancouver, BC  V6B 1E7  Canada
Tel.: 1-604-687 1600  Fax: 1-604-687 1660
Email: info@vec.bc.ca



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