Credit and Debit Cards
It is a good idea to check with your bank & credit card company before you come to see what the fees are for using your cards in Canada.
We suggest you think through how much you think you will spend and take out that amount upon entry. You can use your ATM/Debit card to withdraw money, and often these are per transaction fees, so to make one withdrawal is ideal.
A great place to look is: gocanada.about.com/od/canadatravelplanner/qt/Tips-for-Using-Debit-Ca.
The current exchange rate in Canada is $1.30 Cdn = $1 US Dollar. That means your dollar goes further. This changes daily and as this is now in November, by July that rate could be quite different.
When you make purchases in Canada you will discover a 13% HST (Harmonized Sales Tax) on everything. So be ready for that. When you are staying at the hotel you will notice additional taxes. So be ready for some sticker shock.
Your credit card company and your banks may give you a terrible exchange rate. If you intend on doing some serious shopping while in town. You will want to make sure you are using the right card for your big purchases. Most banks charge a fee, some don't.
Enjoy the fact that your dollar goes further, and be prepared to make it go even further...
Customs and Duty
US Customs Allowances. If you are staying in Canada for 24 - 48 hours you can bring back $200 per person without paying duty. If you stay in Canada for more than 48 hours you can bring back $800 per person without paying duty. A good reference for this is: tunneldutyfree.com/USCustomsAllowances