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Canada's currency

Currency
The Canadians use the dollar, and the exchange rate is approximately $1.29= $1. To find the most up to the minute exchange rate, go to XE.com currency converter


Sample prices
It is always a good idea to budget for a trip so you don’t run out of money. Here are a few sample prices to help you budget

Poutine (chips, cheese and lots of gravy!) = $5
1 Molson’s beer = $5
1 bottle of Maple syrup = $6
1 day ski pass = $50 - $90
1 Ticket to a hockey game = $25 - $90
Average room prices = you’ll pay around $40 for cheap accommodation, $70-$125 for something mid-range, and $125 and upward if you’re going all out.
Average meal prices = $5 for a cheap dish, $15 at a mid-range restaurant, and $20 and upwards if you go somewhere swanky.

These prices are in Canadian dollars, are correct as of 03/11/09 and are subject to change.

Tipping
The salaries of the poor wait staff are usually based on the assumption that they’ll receive a good proportion of their income in tips.  So tip up!  Generally, you should reward good service by tipping 15-20 percent of the total amount.  The same applies for a taxi driver, while the staff at hotels, airports and railway stations will usually be tipped $1-$2 per item carried.  While out on the town remember that it’s also common to tip the server both at the bar and at the table.

Banking
Standard banking hours are Monday to Thursday from 9.30 am until 4 pm, while many banks stay open till 6 pm on a Friday.  Some banks and specific branches will stay open later on weeknights and on Saturdays.

All major credit cards are accepted in Canada and it’s good to know that most hotels, stores and restaurants will also accept US dollars, though sometimes at a lower rate than banks or airports.  It’s usually best to convert some of your money to Canadian currency before leaving home.

*The small print
We’ve tried to make this destination guide as accurate as possible but please double check the essentials like visas, health and safety, airport information etc with the relevant authorities before you travel.  STA Travel takes no responsibility for loss, injury or inconvenience caused as a result of this guide.  All prices listed are in the currency of the destination, unless otherwise stated.
 

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