Stupid Question for our Canadian Friends
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  1. #1
    Moderator aka AmyBob AmyBoz's Avatar
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    Default Stupid Question for our Canadian Friends

    I notice that many of you post money stuff in terms of dollars and cents. Do you use American dollars and cents or do you use Canadian money or what?

    Just something I've been wondering.

  2. #2
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    Amy we use Canadian dollars and cents.

    We don't have a dollar bill, its a coin and is called a loonie.
    We don't have a 2 dollar bill, its a coin and called a toonie.

    We have $5, 10, 20, 50, 100 and 1,000 bills.

    I often mention Canadian Tire money. It can only be used at Canadian Tire stores.

    If we shop in the States, most of us try to get our Canadian dollars changed to American dollars before we head south.

    HTH

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    Our dollar is worth about $ 1.20 American so if Americans shop in Canada they get a great deal!

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    Hi Amy,
    Like homesteadmamma said we use Canadian money. I do shop accross the border it takes me only 35 min to get there and I exchange before I head south. It is still cheaper and I buy alot (I got the list what and how much I can bring back to Canada from Canadian border, so I do have to feel like a smagler) and fill up my gas tank.

    For Canadians, I do save all US change when I get here and there in a jar, roll and take with me for groccery shopping. They (cashiers) are nice and take my change, recently I had over $50.00. Well, I was lucky to find chicken breast for .99 per pound, you can do the math how much chicken breast I bought on that change.

  6. #5
    Registered User MomToTwoBoys's Avatar
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    I actually get US funds through my Veterans Affairs pension. The exchange rate has been really great lately, giving us an extra $100 for my $450. If the rate stays the same today as it did yesterday, I'm looking at $554.81 in my bank account Monday morning at midnight.

  7. #6
    Registered User Libby's Avatar
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    I admit, paying the toll bridges close to the border - once I have crossed over to the US, they still accept the Canadian coinage up to $1.00. If you pay exactly $0.75 CDN for the posted $0.75 USD they accept it. If you give them a loon ($1 coin) I think I got back $0.05 LOL. So I do use my CDN change for toll booths.

    When I do go shop across the border I pay on plastic - bad I know - but this way there's a copy of the transaction other then the receipt. I sometimes go to a CIBC bank machine that allows you to withdrawl USD from your CDN funds bank account and they don't charge you a fee if you're a memeber - at least that last time I did that they didn't.

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