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-   -   Canadian Currency (https://www.fodors.com/community/canada/canadian-currency-897561/)

franko_italia Jul 5th, 2011 07:04 AM

Canadian Currency
 
I understand the official currency there is Canadian Dollar (and US??). However is the Euro generally accepted at most places such as stores, supermarkets, movie theater , hotels for everyday payments? Do they give official exchange rates or is a premium paid? If so, how much?

OceanBreeze1 Jul 5th, 2011 07:58 AM

You shd get Canadian money. If I went to Italy I wld get Euros & not expect stores, etc to accept my Canadain dollars! US & Canadian dollars are 2 separate currencies. When I go to the US, I get US dollars.

semiramis Jul 5th, 2011 08:08 AM

The Euro is NOT accepted at stores etc. Get Canadian dollars.

Myer Jul 5th, 2011 08:19 AM

As a Canadian who has lived in the U.S. for the past 20 years or so it's not really that simple.

When I lived in Canada and had a trip planned to the U.S. I just went to the bank and asked for some U.S. money.

You do that in the U.S. and they just look at you. Is there a currency other than U.S.?

There's a currency desk at a local tourist mall but they charge a fortune to exchange.

I only real option is the airport (again expensive) or wait until you get there.

qwovadis Jul 5th, 2011 12:54 PM

LOONIES(Canadian $1) and TOONIES($2) are currency of choice

Always find a no foreign fee CC Visa taken widely

use it for everything and ATM local currency from Big Banks

Change your Euros at Big Banks only.

coinmill.com for correct Forex exchange rate varies daily.

Careful with money changes especially at airport from

places like Travlex will clip you 20-30%

kodi Jul 5th, 2011 03:23 PM

No the Euro is not accepted . Your best rate of exchange
Is at them ATM machines .

BC_Robyn Jul 5th, 2011 04:45 PM

The official currency in Canada is the Canadian dollar.

The US dollar is actually *not* official currency here, although some stores will accept it as a courtesy to American tourists, but it is not the norm, nor would I recommend using American dollars.

The Euro is never used in Canada. It's used in Europe, but not in North America. Do not bring Euros, do not bring US dollars. If you're going to pay with cash, bring Canadian dollars.

Morningglory47 Jul 5th, 2011 04:56 PM

In another thread franko, who is moving to Canada for work, wrote: "However I prefer to live in a community that has a large Italian population. I want easy access to Italian shops, movie theaters and restarants. I guess Canda is a pretty decent place but I prefer to hang with my fellow Italians only (even thought my english is good)."

Canda?

Franko you're moving here but don't know what currency we use and only want to live amongst Italians? Great to hear - as for money - buy a monopoly game and use that money - or better still, don't come at all.

kodi Jul 5th, 2011 06:45 PM

Hmmm, I'm wondering who franco is?

OceanBreeze1 Jul 5th, 2011 07:13 PM

I am starting to wonder too, Kodi. For real? Maybe not.

BAK Jul 8th, 2011 11:24 AM

Most places that accept US dollars will give you change in Canadian dollars.

US $50 and $100 bills will be hard to use, becauswe of worries about counterfeiting.

Because Toronto is so big, people moving here often think it is a good idea to live reasonably close towhere they work.

I helped two big companies move to Toronto, and in both cases our goal was to select office space to rent reasonably close to the main airport, and once the office location was approved, staff moving to the city selected homes near the office.

I think it would be hard to find schools that teach in Italian.

Little Fiats are now being sold in Canada. No many sold so far, but many dealers.

Maseratis and Ferraris available. Lambos for those with no taste. No Alfas and no Lancias.
BAK


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