What is the currency in Canada?

The official currency is the Canadian Dollar (CAD), commonly referred to as "loonies" (1 dollar coins) and "toonies" (2 dollar coins). Credit and debit cards are widely accepted throughout Canada, with Visa and Mastercard having the broadest acceptance. ATMs are readily available in urban areas, and most businesses accept contactless payments. While Canada is increasingly cashless, it's advisable to carry some cash for small purchases and in rural areas.