Canada uses the Canadian dollar, code CAD. A dollar sign can also refer to US, Australian and other dollars, so confirm the three-letter code when reading a quote, contract or invoice. CAD and USD are different currencies with a changing exchange rate.
For a move, study payment or supplier bill, list the costs that are actually payable in Canadian dollars. Convert each amount using the same pair direction. This gives you a consistent starting point for a budget without mixing the amount you hold with the amount a recipient needs.
When comparing transfer options, keep the sending amount and funding method the same. If an exact CAD amount must arrive, compare the full price of delivering it. Check whether any charge could be deducted before the recipient receives the money, and review the provider's current quote before paying.
Currency background: Canadian dollar (CAD) — Wise