Both paper and coin money is used in Canada.
Canadian paper money comes in the following denominations:
$5
$10
$20
$50
$100
Canadian coins come in the following denominations:
- 1¢ ($0.01) - One Cent (commonly called a “penny”)
- 5¢ ($0.05)- Five Cents (commonly called a “nickel”)
- 10¢ ($0.10)- Ten Cents (commonly called a “dime”)
- 25¢ ($0.25)- Twenty Five Cents (commonly called a “quarter”)
- $1 ($1.00) - One Dollar (commonly called a “loonie”)
- $2 ($2.00) - Two Dollars (commonly called a “toonie”)