entering Canada with over $10,000

you can enter with as much money as you want, you simply need to declare it beforehand. If you don't declare it you are breaking the law and subject to whatever that entails.

There is no restriction on the amount of cash you can bring into (or out of) Canada, but amounts over 10K have to be reported to Customs.

You'll have to fill out a 'Cross-Border Currency or Monetary Instruments Report.' It's a very simple 2 page form, and only takes a couple of minutes to fill out. You can download it at the Canadian Customs website.

Cheers,
Terry

and if you don't declare it, the cash can be seized. Then to get it back you have to prove to them how you got the money in the first place (i.e. that it's not criminality) but the treshold of proof is very high. Many people never get their money back. So it's always better to declare!

Terry, is that for carrying the equivalent of C$10K or US$10K into Canada?

I remember reading somewhere that for any amount above US$10K in a bank transfer, the bank is required to notify the authorities.

1.) Into Canada the limit is $9,999 Canadian dollars without informing Canadian Customs.

2.) Into the US the limit is $9,999 US dollars without informing US Customs.

And yes, all wire transfers of 10K or greater are reported by banks.

Cheers,
Terry

Thank you.
Just so you know, it was never my intention of not declaring. I am just trying to decide how to transfer my money into Canada without losing too much in transfer fees, duties, taxes, whatever, etc...
Sounds pretty straight forward and painless.
Much appreciated

Carrying cash is no big deal if you're careful, but depending on where you're coming from a simple wire transfer is inexpensive, completely safe, and painless.

Cheers,
Terry

OR you could send it in the mail to me, prior to your trip and then I will meet you at the other side of the border with the cash. That way there will be no customs hassles.

Honest.

"But sir, I'm driving across Canada and I need that much for gas."