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USD to CAD Purchase Cost Calculator 2026

Updated October 2026 · 2026 CRA rules

A US price tag is rarely what you end up paying. Enter the price and shipping in US dollars to see the Canadian cost after the exchange rate, your card's foreign transaction fee, any duty and broker fee, and the sales tax charged at the border.

Use 0 for a US-dollar account or a card with no FX fee.

Many goods made in Canada, the US or Mexico qualify for duty-free CUSMA/USMCA treatment. Goods made elsewhere can have duty even when shipped from the US. Check the Canadian Customs Tariff for your item.

Exchange rate: Bank of Canada daily average, 2026-10-14. Source: Bank of Canada. The Bank of Canada does not endorse this calculator. Its rates are indicative only.

Estimate for general information, not tax advice. Check with the CRA (or Revenu Québec) or a qualified professional before you file.

How to record a US purchase

Enter the expense at the Canadian amount that actually posted to your card or bank account. That figure already includes the foreign transaction fee. Keep the US invoice and the statement that shows the Canadian charge. If a courier collected tax, keep that invoice too: it shows the GST/HST you paid on import, which a registrant can claim as an input tax credit.

When you have to convert a number yourself, the usual income-tax standard is the Bank of Canada rate on the day of the transaction. Another reliable source is fine if you use it the same way every time. For GST/HST, the rate you were actually charged and the Bank of Canada rate are both accepted ways to convert.

Questions

What exchange rate should I use for my business books?

Record the Canadian amount that was actually charged to your card or account. If you convert a figure yourself, the usual income-tax standard is the Bank of Canada rate on the day of the transaction.

How much is the foreign transaction fee on a credit card?

Many cards add about 2.5% on top of the exchange rate. A US-dollar account or a no-FX-fee card can be 0%. Check your card.

Do I pay duty on things I buy from the US?

Goods made in Canada, the US or Mexico are often duty free under CUSMA. Goods made elsewhere can have duty even if they ship from the US. Courier shipments of goods worth up to $150 CAD are duty free.

When do I pay GST/HST on a US online order?

On a courier shipment, goods worth up to $40 CAD are free of duty and tax. From $40.01 to $150 CAD, duty is waived but GST/HST, and provincial sales tax where it applies, is charged.

Can I claim the GST/HST I paid at the border?

If you are registered for GST/HST, tax you paid on a business import is generally an input tax credit. Keep the courier or customs invoice.

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