Currency & Taxes

Currency

The Canadian Dollar (CDN) is the currency of exchange. All major credit cards are accepted in Kelowna and most bank machines offer "Visa", "Mastercard" and "Interac" networks. Canadian currency comes in coin and bill forms in the following denominations: 

Coins: 

• 5 cents ($0.05), known as a nickel.
• 10 cents  ($0.10), known as a dime.
• 25 cents ($0.25), known as a quarter. 
• $1, known as a loonie.
• $2, known as a twoonie. 

Bills:

• $5
• $10
• $20
• $50
• $100

Taxes

Currently, the following tax rates apply:

   - 5% Goods & Services Tax (GST) levied by the federal government.
   - 7% Provincial Sales Tax (PST) levied by the province.
   - 3% city levy is charged on hotel, motel, and resort accommodations in Kelowna

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