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Currency and Taxes

ATMs are conveniently located throughout Canada in banks, large hotels, and shopping centers.

Currency

The units of currency in Canada are the Canadian dollar (C$) and the cent, in almost the same denominations as U.S. currency ($5, $10, $20, 1¢, 5¢, 10¢, 25¢, etc.). The $1 and $2 bill are no longer used; they have been replaced by $1 and $2 coins (known as a "loonie," because of the loon that appears on the coin, and a "toonie," respectively).

Taxes

Most purchases in British Columbia are subject to a Canada-wide 7% Goods and Services Tax (GST) and a 7% Provincial Sales Tax (PST). If you are not a resident of Canada, you can reclaim the GST on goods you take out of the country.