Canada currency

Canada uses the Canadian dollar as currency. The $1 coin is known as a ‘loonie’ as it has the image of a loon bird, and the $2 coin is colloquially referred to as a ‘toonie’.  

Credit Cards

If you plan on using your Australian credit cards or bankcards in Canada, don’t forget to alert your bank before you go for security purposes to avoid your card being cancelled for unknown overseas transactions, and to check what international withdrawal fees might apply to your cards.


ATMs are easily accessible and found all over Canada; especially outside banks, on main streets, in shopping centres and at petrol stations and transport hubs. Be aware that when withdrawing money from overseas ATMs, international withdrawal fees are charged, and can be very expensive. Ask your bank for information on their international withdrawal fees before your trip.


It’s a good idea to carry a mixture of money options when you travel to Canada, including cash for small items and tips. You can pre-purchase Canadian dollars from Travel Money Oz before travelling to avoid paying international transfer fees and commissions.


Similar to the USA, Canada also has an established system of tipping, especially in restaurants and bars. To avoid a social faux pas, as a guide, tip your wait staff 15 to 20 per cent of the total bill, 15 per cent for taxi drivers, and $1 per bag for hotel porters.