Your daily budget in Canada will depend on your travel style and destination. Budget travelers can expect to spend around CAD 40 to CAD 80 per day, while mid-range travelers may spend between CAD 80 to CAD 150 daily. For luxury travelers, daily expenses could exceed CAD 200. Major cities like Toronto, Vancouver, and Montreal tend to be more expensive, while smaller towns and rural areas offer more affordable options. A combination of cash and a Hays Travel Money Prepaid Mastercard® Currency Card will help you manage your expenses efficiently.

The Canadian Dollar (CAD) is available in both coins and banknotes. Coins come in 5, 10, and 25 cents, 1 dollar (loonie), and 2 dollars (toonie). Banknotes are available in CAD 5, 10, 20, 50, and 100 dollar denominations. For everyday purchases, it’s recommended to carry a mix of coins for smaller amounts and notes for larger purchases.

Yes, cash is widely accepted across Canada, including in smaller shops, local markets, and rural areas. Credit cards are commonly accepted in most restaurants, hotels, and larger stores in major cities such as Toronto, Vancouver, and Montreal. However, for smaller purchases and in remote areas, it’s advisable to carry Canadian Dollars (CAD) in cash.

Using a credit or debit card in Canada may incur foreign transaction fees, typically ranging from 1% to 3% of the transaction amount. If you use an ATM, there may be additional withdrawal fees. Consider using a Hays Travel Money Prepaid Mastercard® Currency Card to help avoid unexpected charges.

The official currency of Canada is the Canadian Dollar (CAD). While some businesses, especially in tourist areas, may accept US Dollars (USD), it’s not widespread, and you may receive an unfavorable exchange rate. For the best value, always use Canadian Dollars (CAD) for transactions within the country.

Tipping is customary in Canada but not mandatory. In restaurants, a tip of 10% to 20% is typical for good service, with 15% being the most common. For taxi drivers, rounding up the fare or tipping CAD 1 to CAD 2 is common. Hotel staff may receive CAD 1 to CAD 5 for exceptional service. While tipping is appreciated, it is ultimately at your discretion.

The cost of a meal in Canada can vary depending on the location and type of restaurant. In casual eateries or cafes, a meal may cost around CAD 10 to CAD 20. Mid-range restaurants typically charge CAD 20 to CAD 50 per person for a three-course meal. In upscale restaurants, especially in cities like Toronto or Vancouver, expect to pay CAD 50 to CAD 100 or more per person.

The amount of Canadian Dollars (CAD) you should buy depends on the length of your stay and planned expenses.

The best time to buy Canadian Dollars is when the exchange rate is favorable. Monitor the CAD exchange rate in advance to purchase CAD when the rate is optimal. Alternatively, you can use a Hays Travel Money Prepaid Mastercard® Currency Card to lock in a favorable exchange rate before your trip.

The Canadian Dollar (CAD) is accepted as the official currency in Canada and is not commonly used outside the country. Some neighboring countries, such as the US, may accept CAD in certain locations, especially near the border, but it’s not the standard currency. When traveling outside of Canada, it’s recommended to exchange CAD for the local currency.

We’ll buy back any foreign currency purchased with our Buy Back Scheme so you’re not out of pocket after your big adventure

At Hays Travel you have several quick and easy methods to buy your currency. You can click & collect, call into branch, or choose home delivery.

You can also buy the Hays Travel Money Prepaid Mastercard® Currency Card and load currency before your departure. ATMs are widely available in airports, hotels, and city centres.

Both cash and cards are useful in Canada, but cash is essential for small purchases, especially in rural areas, local shops, and markets. In major cities like Toronto and Vancouver, credit cards are widely accepted in most hotels, restaurants, and shops. For convenience, carry a mix of Canadian Dollars (CAD) for everyday expenses and a Hays Travel Money Prepaid Mastercard® Currency Card for the larger purchases.

Carrying cash in Canada is generally safe, as the country has a low crime rate. However, like anywhere, it’s important to take precautions. Use a money belt or secure wallet to keep your Canadian Dollars (CAD) safe, and avoid carrying large amounts of cash at once. For larger transactions, consider using a Hays Travel Money Prepaid Mastercard® Currency Card.