Money / Exchange
Canada’s monetary system is based on dollars and cents.
100 pennies/cents (1¢) = one dollar ($1)
Coins available in Canadian currency are:
Penny (1¢*) Quarter (25¢) Nickel (5¢) One dollar coin or "loonie" ($1) Dime (10¢) Two dollar coin or "toonie" ($2) * ¢ = cent/penny
Bills (paper money) are in the following common denominations:
| $5 | $10 | $20 | $50 | $100 |
Alberta has no Provincial Sales Tax.
5% GST [Goods & Services Tax] is charged on most items.
There is a 4% Tourism Levy on hotel rooms.
Ways to Pay for Purchases
- Cash (paper money and coins) is used most often for small purchases.
- Debit cards and credit cards are usually used for more expensive purchases.
- Businesses may or may not accept personal cheques as payment for goods.
Bank of Canada daily Canadian Currency Converter
Bank of Canada daily International Currency Converter
Bank of Canada daily International Currency Converter
Money exchange services are available at:
Edmonton International Airport
Local financial institutions
Financial institutions located within the Old Strathcona area:
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