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Money and costs

Dollars ($)
Exchange Rates
Rates provided by Open Exchange Rates. Last updated July 28, 2015 12:06PM UTC
Daily Costs
Budget (up to)
  • Dorm bed: $25-40
  • Campsite: $25-35
  • Self-catered meals from markets and supermarkets: $8-12
  • B&B or room in a midrange hotel: $80-180 ($100-250 in major cities)
  • Meal in a good local restaurant: from $20 plus drinks
  • Rental car: $35-65 per day
  • Attraction admissions: $5-20
Top end (more than)
  • Four-star hotel room: from $180 (from $250 in major cities)
  • Three-course meal in a top restaurant: from $50 plus drinks
  • Skiing day-pass: $50-80

  • All prices quoted are in Canadian dollars ($), unless stated otherwise.
  • Canadian coins come in 5¢ (nickel), 10¢ (dime), 25¢ (quarter), $1 (loonie) and $2 (toonie or twoonie) denominations. The gold-colored loonie features the loon, a common Canadian waterbird, while the two-toned toonie is decorated with a polar bear. Canada started phasing out its 1¢ (penny) coin in 2012.
  • Paper currency comes in $5 (blue), $10 (purple), $20 (green) and $50 (red) denominations. The $100 (brown) and larger bills are less common. The newest bills in circulation - which have enhanced security features - are actually a polymer-based material; they feel more like plastic than paper.
  • The Canadian dollar has seen fluctuations over the last decade, though since 2007 it has tracked quite closely to the US dollar.
  • For changing money in the larger cities, currency exchange offices may offer better conditions than banks.
  • See Need to Know for exchange rates and costs.


Tipping is a standard practice. Generally you can expect to tip:

Restaurant waitstaff 15% to 20%

Bar staff $1 per drink

Hotel bellhop $1 to $2 per bag

Hotel room cleaners From $2 per day (depending on room size and messiness)

Taxis 10% to 15%