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Canada and Australia are similar countries when it comes to daily prices and holiday expenses. Like all places around the world, prices jump up significantly in ski resorts such as Whistler. So, you're going to need more cash if you head to the slopes.
Whistler | Budget | Midrange | Expensive |
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![]() | Motel (Whistler) AU$90 per night Hostel (Winnipeg) AU$30 per night | 3 star hotel (Whistler) AU$200 - AU$300 per night 3 star hotel (Winnipeg) AU$100 per night | 5 star hotel (Whistler) AU$400 - AU$500 per night 4 Star hotel (Winnipeg) $150 per night |
![]() | Whistler's best burgers AU$10 - AU$15 Drive in fast food (Winnipeg) AU$4 - AU$8 | Mexican food (Whistler) AU$20 Pub food (Winnipeg) AU$10 - AU$20 | Araxi restaurant 10 oz. steak (Whistler) AU$54 Angus Sirloin (Winnipeg) AU$36 |
![]() | Snowshoe walking tour (Whistler) AU$80 per person Manitoba Museum (Winnipeg) $7 per person | 10 days skiing (Whistler) AU$750 WWII Historical Walking Tour (Westminster) AU$80 per person | Sea to Sky Exotic Driving (Whistler) AU$800 White water rafting (Winnipeg) AU$120 |
*Prices are approximate and subject to change.
The Australian and Canadian dollar have been pretty much on par the past few years, which makes it pretty easy when you're trying to figure out the real cost of spending in Canadian dollars. Canada is a stable economy like Australia and you shouldn't need to worry too much about the movements between the currency pair on your travels.
Year | Average exchange rate |
---|---|
2012 | 1.035302 |
2013 | 0.996085 |
2014 | 0.996305 |
2015 | 0.960577 |
2016 | 0.985094 |
2017 | 1.003058 |
*Exchange rates are accurate as of 3 September 2017
Today's exchange rate AUD to CAD
Back to topDon't stress about using your card to make purchases and to withdraw cash — card acceptance and ATM availability are similar to Australia. Canadian merchants accept Visa and Mastercard, and American Express credit cards are accepted in more places than in Australia. Canada uses an EFTPOS system similar to our own called (Interac Direct Payment) IDP, and it's available all across the nation. You can use this system to get cash out over the counter if you're paying with your debit or travel card. Travel cards, debit cards and credit cards are all worth comparing before you leave Australia.
Travel money options | Pros | Considerations |
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Travel prepaid cards |
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Debit cards (Transaction accounts) |
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Credit cards |
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Traveller's cheques |
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Cash |
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This table is a general summary of the travel money products in the market. Features and benefits can vary between cards.
Travel cards let you spend Canadian dollars in Canada. This avoids the fee for currency conversion. A travel card lets you hold multiple foreign currencies at a time, which may be helpful if you're visiting neighbouring United States. If you've transferred your funds to Canadian dollars, you can avoid currency conversion fees when spending in Canada. Travel cards also come with a supplementary card, which can come in handy if your primary card is lost, damaged or stolen. While you can avoid currency conversion fees, there are some other costs you'll need to look out for. For example, look for international ATM fee waivers to save on cash withdrawal costs.
It's hard to look past the Citibank Plus Transaction Account. It's the product of the moment for travellers: no charges for currency conversion, no international ATM fee (operator fees of a couple of dollars apply) and no monthly or account keeping fees make this account from Citibank a traveller's best friend. If you just want to take your everyday debit card with you, you'll most likely pay $5 for international ATM withdrawals (plus the ATM operator fee) and a 3% currency conversion fee.
A credit card can give you interest free days on your purchases, complimentary travel, purchase insurance, worldwide acceptance and additional financial security. If you have a credit card, and you plan on using the complimentary international travel insurance feature, double check your planned activities are covered by the policy. For example, some winter sports like snowboarding require additional cover. Credit cards are a good way to make purchases; however, you should supplement your credit card use with a debit card when you want to make ATM withdrawals. Cash advance fees and interest can compound and give you a nasty surprise when you arrive back in Australia. Some of these charges can be avoided (have a look at the FAQs section of our travel money page for information about credit cards with a positive balance and cash advance changes), but it's better just to keep your credit card for purchases and emergencies.
Traveller's cheques have been made redundant by the other forms of travel money compared on this page for the following reasons:
While card payments are common, there are always going to be times when you need to pay with cash, especially if you're buying something small — some merchants won't accept a card for a small payment due to surcharge fees. If you're wondering the best way to exchange Aussie dollars for Canadian dollars, you have these options:
What cards did you take with you? Why did you take these cards to Canada? Michael says that the ANZ Low Rate was his day to day credit card and he knew he was going to be in Canada for a while so opened a local bank account instead of taking a travel friendly debit or credit card. Any tips on how to go about getting a Canadian bank account? He says that in order to get a Canadian bank account, you have to get a Social Insurance Number (SIN), which is the equivalent to our Tax File Number (TFN). Once you have that you can apply for a bank account/keycard. You can get these forms from any Canadian bank, it's a matter of going through the process and filling out the forms. Michael says it's something he definitely recommends for someone who is going to be doing a season in Whistler. Were there any places where you had trouble using any of your cards? He says more or less, 'no'. Michael told us of one instance where ANZ flagged a possible fraudulent purchase because of the location, apart from that everything was fine. He says make sure you tell your bank about your travel plans to avoid this situation. Michael's tips for managing travel money in Canada Michael has some good advice about making international payments to Canada. He says he had savings in his Australian bank account, and he needed to transfer this money to his new Canadian account. He made a lump sum transfer every month or two. He recommends the services of OFX, a foreign exchange and international payments company. If you're planning on hitting the slopes while you're in Canada, you will need to make sure that you have additional Winter Sports insurance. So, if you are heading to Canada, make sure your trip is protected. Compare travel insurance policies today. Canadian dollars are a common currency and can be purchased from any number of foreign exchange companies, including your bank. For example Westpac and Australia Post give you the same rate buying Canadian dollars, the difference is the commission. Westpac charge $4 for online foreign currency orders. Foreign exchange providers such as Australia Post and Travelex also have outlets at major Australian airports where you can collect your bucks before you hop on the plane. You can bring as many Canadian dollars into the country as you like. You must make a customs declaration if you're carrying more than $10,000. These institutions also offer foreign cash: Find out more about buying Canadian dollars online before your trip There have been reports of Canadian ATMs not accepting foreign cards. Look for the Visa or Visa PLUS logo on the front of the machine to see whether you can use your card to get cash. The same with Mastercard. A local ATM operator fee applies each time you withdraw cash (excluding Global Alliance Partners — ScotiaBank for Westpac cardholders). This fee is comparable to Australia where you'll pay $2 - $3 each time your withdraw in addition to international ATM charges and currency conversion charges (if applicable). Whether it's a credit card and a debit card or a travel card, you'll need to use a combination of options. While you can get away with making card payment a lot of the time, there are still instances when you'll need cash. Furthermore, what happens if you lose your debit card and you have to wait half a week for a replacement? Take a combination of the travel money products we've listed on this page and use the right card for the right situation so you can save on international transaction charges. The Northern Lights, some of the best skiing in the world and a people warm in heart and spirit, it's no surprise that every month tens of thousands of Aussies travel to Canada. Do your research before you leave and you can enjoy your trip to Canada with the peace of mind you're spending your money your way, and not giving your hard earned to your bank. If you have any questions about using travel money in Canada, ask us a question using the form at the bottom of the page. Made a search before? Retrieve your search results Popular DestinationsMichael's season in Whistler, a.k.a. 'Little Australia'
Michael did a season skiing Canada's famous peaks: Whistler and Blackcomb. The season lasts for approximately 6 months starting in November and ending around May.Buying currency in Australia
Withdrawing from Canadian ATMs
Find banks, cash and ATM in Canada
Why you'll need a combination of travel money options
Find cheap travel insurance options for your next trip to Canada
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Top Canada and Alaska tours for everyone from singles to seniors and for every travel style, including ski, train, polar and luxury. How do you travel?
recently shifted to canada. Having axis bank cad traveller card
i want to transfer money into recently opened bank account
can i transfer .if yes what is the procedure to transfer amount .
i am having internet banking facilities also
thanks
Hi Anu,
Thanks for your question.
As a financial comparison service based in Australia, you might be best getting in contact with your provider directly to confirm whether you can transfer your funds into your new bank account.
Cheers,
Sally
I am planning a small trip to Vancouver Canada for a week or so how much Canadian money do you think I will need
Hi Rae,
Thank you for your question.
Unfortunately, without knowing your trip schedule, spending habits and financial situation, we can’t actually confirm how much money you’ll need for your trip.
I would suggest preparing enough money to cover your necessary expenses, extra spending money and some emergency funds in case you run into an emergency.
Many travel money cards available on the Australian market support Canadian Dollars, so you may want to consider one of these during your comparison. You can compare prepaid travel money cards here.
I hope this has helped.
Thanks,
Sally
I have a commonwealth travel money card and am in Canada. Which is the best partner bank for me to use for withdrawals?
Hi Phil,
Thank you for your question.
You can use your Commonwealth Bank Travel Money card at any ATM that supports MasterCard Cirrus or Visa Plus.
However, please keep in mind that there is an ATM withdrawal fee of CAD$3.00 per cash withdrawal.
I hope this has helped.
Thanks,
Sally
Hi. I am moving to Canada permanently. What would be the best way to take my money with me (your suggestions on Bank draft(s) in CAD?). Currently I do not have any bank account in Canada but will open on reaching there.
Thanks
Hi Jaano,
Thanks for your question.
As you can see from the page above there are quite a few options for taking travel money to Canada. Unfortunately, I’m unable to recommend a specific travel money option to you, but you can take a look at the options available and compare them based on fees, convenience, etc. If you opt for a travel money card some good things to check are fees for loading money onto the card, fees for inactivity on the account, the cross currency conversion fees, etc. If you plan on opening an account you might also want to see if you can have the money from your card transferred to your account when you open it, as this is an option with some issuers.
I hope this has helped.
Thanks,
Elizabeth