Currency:

The dollar (currency code CAD) has been the currency of Canada since 1858. It is normally abbreviated with the dollar sign $, or C$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents. The Canadian dollar is the monetary basis for the Canadian economy, with all coins minted by the Royal Canadian Mint and all banknotes printed by the Canadian Bank Note Company and BA International Inc on behalf of the Bank of Canada.

Canada uses the metric system of measurement. The unit of currency is the Canadian dollar, which equals 100 cents. The most common paper currency in Canada comes in $5, $10, $20, $50 and $100 denominations. Coins appear in 1 cent (pennies), 5 cents (nickels), 10 cents (dimes), 25 cents (quarters), $1 (loonies) and $2 (twoonies) denominations. The $1 and $2 coins have been introduced over the last 10 years, and there are still Canadian $1 and $2 bills in circulation that are considered legal tender (they have also become collector`s items). Canadian bills are clearly marked and each denomination has a distinctive colour.