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Canadian dollar

Canada officially uses the Canadian dollar as the local currency. 1 dollar is divided into 100 cents.

Currency regime

Canada is a member of the North American Free Trade Association (NAFTA). The US economy trends also have a strong influence on the Canadian economy. The Canadian dollar is not, however, linked to the US dollar and the currency floats freely against major currencies.

Travellers cheques should be taken in Canadian dollars

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Please click on the link for Sterling/Canadian dollar currency forecasts