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INTRODUCTION TO CANADA
CURRENCY
Canadian paper money comes in denominations of $5, $10,
$20, $50 and $100. Coins come in 1 cent (penny), 5 cents
(five cents or nickel), 10 cents (ten cents or a dime),
25 cents (25 cents or a quarter), $1 (loonie), and $2 (toonie).
Taxes are added to prices in Western Canada. (6%
provincial sales tax (PST) and 7% Goods and Service tax
(GST)). The price you see on items is not the final
price you pay. For example, if you buy a $10 item, it
will costs $11.30, because 60 cents PST and in most
cases 70 cents GST will be added to the price.
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